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,...
ECB’s Centeno: Undershooting 2% inflation is a risk if investment doesn’t improve
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,...
AUDUSD extends higher and enters swing area resistance area. Can momentum continue?
The AUD/USD is pushing to new highs, with the price now entering a key swing area target between 0.6287 and 0.63016 (see renumbered circles on the chart below). A sustained move above this range could pave the way for a rally toward the January high of 0.63310.On the...
EIA weekly crude oil inventories +8664K vs +1962K 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,...
Fed’s Barkin: Does not see rate hike as ‘close’ to the base case
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,...
USDJPY is dipping below the 200 and 100 day MAs
The weaker PMI data has helped to push the USDJPY lower. The price has now moved below its 200 day moving average at 152.778, and its 100 day moving average at 152.422 (see green and blue lines on the chart above).. The price is currently trading at 152.327.Staying...
USDCHF falls to swing area and support gives sellers some cause for pause
The USDCHF has been trending more to the downside once again after Monday's spike took the price within a few pips of the January high. Yesterday, the price fell below both its 100 and 200 hour moving averages, stalling near the 61.8% retracement of the move up from...
US January ISM services 52.8 vs 54.3 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,...
Tech sector tumbles: Nvidia shines as Google slides
Stock heatmap by FinViz.com Wed, 05 Feb 2025 14:46:09 GMTTech sector tumbles: Nvidia shines as Google slidesIn today’s dynamic trading environment, the U.S. stock market experienced contrasting movements, with significant fluctuations observed across various sectors....
US S&P Global final January services PMI 52.9 vs 52.8 prelim
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,...
Canada S&P Global January services PMI 49.0 vs 48.2 prior
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,...
RapidCents Enhances Merchant Payment Processing and Chargeback Protection with DeepSeek AI
RapidCents, the payment processing platform, that specializes in secure transactions and automated billing, has announced an expansion to better serve merchants across North America. The investment aims to cover the development of the application and the investment of...
Canada and US to hold economic summit on Feb 7
I'm not seeing any details on this yet but it's likely a response to the tariffs.Update: The statement from Trudeau sounds more like a domestic summit."The Canada-U.S. Economic Summit is Team Canada at its best,” Mr. Trudeau said in a statement.“We are bringing...
More from Fed’s Barkin: There is a wide range of outcomes from tariffs
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,...
USDCAD down again and below the low of the “Red Box”
The USDCAD has experienced significant volatility over the past five trading days, largely driven by uncertainty surrounding tariffs. Last week, the price broke higher, moving outside the "red box" range that had confined trading since December 17. This breakout was...
Fed’s Barkin: Not hearing CEOs talk about recession
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,...
ECB’s Lane: Disinflation process remains well on track
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,...
Treasury refunding announcement shows most auction sizes unchanged for several quarters
Total refunding of $125B to raise $18.8B in new cash and refund $106.2B in securities$58 billion in 3s$42 billion in 10s$25 billion in 30sStatementAll the numbers are unchanged and that was expected.The Treasury said there would be 'greater than normal' bill issuance...
Canada December trade balace +0.71B vs +0.75B 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,...
US international trade deficit for December $-98.4B vs $-96.6 billion
Prior month $-78.2 billion revised to $-78.9 billionUS international trade deficit for December $-98.4 billion versus $-96.6 billion estimate. The 2nd largest trade deficit going back to 1992. Goods trade balance $-122.01 billion versus $-122.11 billion preliminary....