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Trump trades are cooling off today

Trump trades are cooling off today

The sugar-high from the Trump election is wearing off in a few spots. Tesla was a darling after the election win as Elon Musk helped to finance Trump's campaign and ingratiated himself with the President. However a report today says Tesla won't be spared when...

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Bitcoin falls to $88,000 in a quick fall

Bitcoin falls to $88,000 in a quick fall

bitcoin 10 minsBitcoin has seen some bids early in US trading in the past two days, likely frontrunning ETF flows. The bulls tried that move again today and boosted it to a session high at $91,800 but despite edging above the Asian highs, there was no follow...

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USD/CAD rises above 1.40 for the first time since 2020

USD/CAD rises above 1.40 for the first time since 2020

The weekly chart of USD/CAD is looking like a big breakout.USDCAD weeklyPerhaps the biggest warning for the loonie today comes from the oil market. Crude is higher today after two days of declines but the IEA is warning about a surprise of 1 million barrels per day of...

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US equity futures flat. Eyes on Disney

US equity futures flat. Eyes on Disney

US stock futures are flat just ahead of the open while Treasury yields are slightly lower across the curve. The market is weighing the strength of the post-election rally, which has been impressive but won't move in one direction forever.The big winner in the...

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US weekly initial jobless claims 221K vs 223K expected

US weekly initial jobless claims 221K vs 223K expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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