Walkley

Reports that Trump is about to fire the chairman of the Federal Reserve unnerved markets, hitting the dollar and stocks says Chris Beauchamp, Chief Market Analyst at online trading platform IG. Reports suggest Trump poised to fire Powell Late afternoon reports suggest that the White House was likely

Today we get PPI, industrial production and the Beige Book. PPI may offer a counterweight to CPI, despite PPI not feeding CPI by much in the US. The forecast for PPI is 0.2% m/m and 2.5% y/y, with core at 2.7% from 3.0%. But attention still lingers on CPI, which was as confusing as any data ever get

USD/CAD flattens around 1.3700 as investors await the US-Canada CPI data for June.Inflation in both the US and Canada is expected to have grown at a faster rate on year.Downward-sloping 200-day EMA suggests that the overall trend is bearish. The USD/CAD pair trades broadly stable near 1.3700 during

Asia Market Update: Trump follows through on higher tariff threats (ex-EU), also affirmed deadline delay [from yesterday], Asia equities take in stride; RBA surprises by holding rates; RBNZ rate decision tomorrow. General trend - President Trump confirmed letters to key trading partners Japan and So

The DXY US Dollar Index recovers after employment data surprises to the upside, putting into question early rate cuts by the Fed.US Nonfarm Payrolls rise 147K in June, surpassing analyst estimates, and the Unemployment Rate unexpectedly declines to 4.1%.DXY trades above 97.00, with momentum indicato

The US Dollar (USD) is weaker this morning, falling for a fourth day in a row and extending below the recent lows for the DXY in the upper 97 zone to reach its lowest since early 2022. USD sentiment is weak and the dollar is at clear risk of weakening further, Scotiabank's Chief FX Strategists Shaun

Trump denied earlier intelligence reports suggesting that the US strikes on Iranian nuclear sites caused only limited damage. On the contrary, he claimed the operation was a historic success and even declared the war over — ‘except that it could maybe restart soon.’ Still, the US and Iran are schedu

As we all know, the US Air Force attacked nuclear facilities in Iran over the weekend. Price action on Crude Oil shot up on Monday with a gap, but fell dramatically after that. From the technical standpoint, WTI is at a key level of around $65, and the stochastic oscillator is very oversold. If we l

ดอลลาร์สหรัฐกลับมาฟื้นตัวขึ้นอีกครั้งและร่วงลงสู่ระดับต่ำสุดในรอบ 4 วัน เนื่องมาจากคำกล่าวของเฟดที่มีแนวโน้มผ่อนคลาย และแม้จะมีความต้องการสินทรัพย์ปลอดภัยที่มั่นคง เนื่องจากภูมิทัศน์ทางภูมิรัฐศาสตร์ในตะวันออกกลางกำลังเสื่อมถอย ในขณะเดียวกัน นักลงทุนเตรียมพร้อมสำหรับคำให้การของประธานพาวเวลล์ทุกๆ 6 เด

The US struck three nuclear sites in Iran and warned of greater consequences if Iran retaliates. The Dollar Index needs to see a sustained rise past 99 to assume that a fresh rally has begun. Else, it is likely to fall back towards 98.00-97.50. Euro and EURINR can rise towards the resistance near 1.