myway1985

The Canadian dollar has posted losses in the European session. USD is trading at 1.3702, up 0.34% on the day. Earlier, the Canadian dollar weakened to 1.3731, its lowest level since June 27. Canada's job growth has stalled Canada releases the June employment report later today. Job growth has stalle

The EUR/CHF flattens on Thursday, retreating from early gains as the US Dollar strengthens on solid labor market data.SNB officials remain open to further easing, reinforcing the CHF’s strength against both the Euro and the US Dollar.The technical outlook remains bearish as EUR/CHF hovers near the l

Gold (XAUUSD) prices remain firm despite conflicting signals from the Federal Reserve and rising trade tensions. Strong US jobs data recently eased expectations of near-term rate cuts, boosting the US Dollar and briefly pressuring gold. However, the Fed Minutes suggest rate cuts may still come later

European stocks have surged to session highs on Wednesday, although the tone of President Trump’s rhetoric on tariffs has hardened in the past 24 hours. The President said there will be no extension of the August 1st deadline to impose tariffs, he slapped punitive tariffs on copper and threatened a

US Copper futures hit a record high yesterday after President Donald Trump announced he plans a 50% tariff on Copper imports. The magnitude of yesterday’s spike also set a record for a one-day increase. Commerce Secretary Howard Lutnick said the Copper tariffs are likely to be in place by the end of

RBA holds fire – AUD/USD spikes, but still a short-term macro game The Reserve Bank of Australia surprised markets with a steady hand, holding rates at 3.85% in a split vote that leaned cautious. The official line: they want more confirmation that inflation is sustainably falling toward the 2.5% mid

AUD/JPY jumps to a multi-month peak following the RBA’s surprise on hold rate decision.Reduced BoJ rate hike bets undermine the JPY and lend additional support to spot prices.The recent breakout through a short-term trading range resistance favors bullish traders. The AUD/JPY cross attracts strong f

ISM Services PMI for June came in better than expected.US Dollar Index stays in positive territory near 97.00. The business activity in the US services sector expanded at a modest pace in June, with the Institute for Supply Management's (ISM) Services Purchasing Managers' Index (PMI) rising to 50.8

So, here we are on July 1st. US equities are back at all-time highs. Most headlines credit the rebound to optimism around trade negotiations—hopes that deals will be struck before the July 9 deadline—and expectations that the Federal Reserve (Fed) could cut rates sooner rather than later. But this r

President Donald Trump is going to announce the next FED chair soon. Markets speculate that the new chairman can guide monetary policy in a more dovish direction. The Dollar Index can have the downside limited to 96. Overall, it can trade within the 99-96 range for Euro and EURINR below 1.17 and 101