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USD/CAD fails to rebound despite stronger US nonfarm payrolls. Bearish trend likely to continue; next support near 1.3455. USD/CAD could not successfully capitalize on stronger-than-expected US nonfarm payrolls, ultimately closing marginally lower on Thursday. The passage of Trump’s megabill in the

Job growth proved better than expected in June, as the labor market showed surprising resilience and likely taking a July interest rate cut off the table. Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised

The US Dollar hits fresh multi-year lows, with the Swiss Franc buoyed by safe-haven demand.Renewed concerns about trade tariffs have crushed risk appetite on Tuesday.Fed Chair Powell's speech and the US Job Openings are likely to drive the pair later today. The Swiss Franc is one of the strongest G8

Euro (EUR) extended its run higher towards 1.18-handle briefly this morning as USD loses ground broadly. Pair was last at 1.1795 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note. Bullish momentum on daily chart intact "Overnight, it was reported that EU is willing to accept a trad

We watched nearly all of Powell’s testimony. It’s interesting to see what the journalists have selected to report. You hear what you expect to hear, or something. Powell said the Fed expects inflation to rear its ugly head soon and the Fed is not in any hurry to cut rates before the data comes in. T

The Swiss Franc extends gains against the US Dollar as geopolitical tensions ease after a fragile ceasefire between Iran and Israel.The USD/CHF trades just above its lowest levels since 2011, pressured by safe-haven flows and a broadly weaker US dollar.Fed Chair Powell says “many paths are possible”

What began as a geopolitical powder keg ended like a stage play with the curtain call prewritten. Oil didn’t just fall—it crumpled, as President Trump declared a “complete and total ceasefire” between Israel and Iran, handing the market a geopolitical exhale wrapped in a Truth Social post. Brent col

General Outlook Last week saw moderate gains for the euro, gold and bitcoin, all supported by cautious risk sentiment and renewed positioning ahead of key central bank signals. The euro finished Friday near 1.1524 against the dollar, slightly higher than a week earlier. Gold settled around 3,368 dol

While the Gold price continues to break all-time records, another metal is increasingly attracting attention: Silver. Long overshadowed by its Golden cousin, Silver price momentum is increasingly convincing. Could Silver be the next big thing in the precious metals markets? A rare split between Gold

Oil price increases have a greater impact on the global economy than Oil price declines. The main impact is felt via an immediate rise in headline inflation. Transport shares, net fuel imports, public debt/GDP and trade integration are key factors to watch. Jordan, South Africa and Thailand are vuln

The Fed begins its meeting today with nobody having any real insight on what it will say tomorrow. It’s a battle between inflation doing okay so far and employment starting to get scary. Here’s the problem: economists are united in saying inflation is not going to stay okay and unemployment is sure