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Seller in the GBPUSD are making a play

Seller in the GBPUSD are making a play

GBPUSD sellers are making a playThe GBPUSD fell earlier today. The BOE kept their policy rate unchanged today. However, as Justin pointed out in his posts after the decision, the Bank of England's latest statement includes subtle dovish hints suggesting potential rate...

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Crude oil settles (August) up $0.58 at $81.28.

Crude oil settles (August) up $0.58 at $81.28.

Crude oil for August settled up $0.58 at $81.29. That's up $0.58 or 0.71%Today, EIA weekly inventory data showedCrude oil stocks had a drawdown of-2.547M versus expectations of a drawdown of -2.200 million barrelsGasoline stocks had a surprise drawdown of -2.280...

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Canadian consumer spending dropped in May — RBC

Canadian consumer spending dropped in May — RBC

RBC is out with its monthly review of Canadian credit card spending. As the nation's largest bank, the number should offer clues on the strength of the Canadian consumer.The report notes that momentum in discretionary purchases faded in May after a rise in April....

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US sells 5-year TIPS at 2.050%

US sells 5-year TIPS at 2.050%

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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Oh no. S&P and Nasdaq slide to new lows.

Oh no. S&P and Nasdaq slide to new lows.

The broader US stock indices have now moved into negative territory and traded two new session lows. The S&P is down -18 points are -0.33% at 5469. The NASDAQ and is down -133 pointer -0.74% at 17729.Nvidia shares are now negative by $2.26 or -1.59% $133.38.Apple...

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