Canadian dollar rises as BoC trims rates
The Canadian dollar is steady on Thursday. In the European session, USD/CAD is trading at 1.4379, up 0.06% on the day. Bank of Canada lowers rates to 2.75% There was no surprise from the Bank of Canada, which lowered rates by a quarter-point, bringing the cash rate to 2.75% and giving a boost to the
US dollar climbs against yen on soft US CPI report
The Japanese yen has lost ground against the dollar for a second straight day. In the North American session, USD/JPY is trading at 143.39, up 0.43% on the day. Earlier, USD/JPY rose as much as 0.96% but pared much of those gains. US inflation lower than expected US inflation surprised on the upside
Is Bitcoin (BTC/USD) Heading Lower? Examining Mt. Gox, Tariffs, and Technical Indicators
Bitcoins price volatility has been impacted by Trump’s tariff policies, recession fears and Mt. Gox Transfers. Glassnodes’s accumulation trend score shows shifts in investor sentiment and increased selling pressure. Mt. Gox transfers are affecting markets but are overshadowed by tariff concerns. Mos
Dow Jones (DJIA), S&P 500 Under Pressure as Record Cash Levels Suggest More Downside Ahead
Investors are holding record levels of cash ($7.3 trillion), indicating significant caution and potential for further market downside. Concerns about the Trump administration’s tariffs and policy uncertainty, including the threat of universal tariffs, are weighing on market sentiment. S&P 500 re
Yen extends gains, markets eye US nonfarm payrolls
Japanese yen extends rally for a third consecutive day BoJ’s Uchida says rate hikes still on the table despite tariff concerns US nonfarm payrolls expected to edge slightly The Japanese yen has extended its gains on Friday. In the European session, USD/JPY is trading at 147.79, down 0.13% on the day
US, Canada release job numbers – will Canadian dollar’s rally continue?
The Canadian dollar is on a three-day winning streak, gaining 1.2% during that time. USD/CAD is trading quietly at 1.4316 in the European session, up 0.14% on the day. We could see volatility from the pair later today, as both Canada and the US releases employment reports. Canada’s job growth expect
Surging yen hits 5-month high, wage data mixed
The Japanese yen has started the week with strong gains. In the European session, USD/JPY is trading at 147.07, down 0.76% on the day. Earlier, the yen strengthened to 146.72, its best level since Oct. 4, 2024. Japan’s real wages fall 1.8% in January Japan’s wage data for January was mixed. Base pay
Will Gold Rally? XAU/USD Price Outlook Amidst Economic Uncertainty
Gold prices are under pressure at the start of the week due to market caution surrounding rising tariffs, recessionary fears, and geopolitical uncertainty. US CPI data is expected later in the week, with potential for higher inflation to further impact market sentiment. Technical analysis indicates
Markets steady after Monday sell-off
Join OANDA Market Analyst Kenny Fisher & podcast guest Nick Syiek (TraderNick) as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. Content is for general information purposes only. It is not inve
Weekly Market Outlook: Trigger Uncertainty, Nasdaq in Correction & US CPI Data Ahead
Markets experienced turmoil this week, driven by investor concerns over the Trump administration’s tariff policies. The US dollar is on track for its worst week in over a year, Nasdaq entered a correction. The Bank of Canada may cut rates due to tariff impacts and economic concerns. US CPI is also d
Euro hits three-month high, eurozone unemployment rate unchanged
The euro has extended its gains on Tuesday. EUR/USD is trading at 1.0523 in the North American session, up 0.36% on the day. Earlier, the euro rose as high as 1.0559, its highest level since December 10. Eurozone unemployment remains at 6.2% The eurozone economy is sputtering but there’s nothing wro
Australian dollar ends skid, retail sales and RBA minutes next
The Australian dollar has posted strong gains to start the week. AUD/USD is trading at 0.6203 in the North American session, up 0.71% on the day. The Aussie has ended a nasty six-day losing streak, during which it declined 3% against the US dollar. Will Australian retail sales rebound? Australia rel
ECB Expected to Cut Rates: What It Means for the Euro and Markets
A 25 basis point cut to the ECB deposit facility rate is widely anticipated, marking the seventh cut in the current cycle. The ECB continues to cut rates amid slow Eurozone growth, while the Federal Reserve pauses, creating a notable divergence in monetary policy. What next for EUR/USD? Most Read: D
Swiss franc hits new 2025 high as inflation continues to fall
The Swiss franc has rallied for a third straight trading day. In the North American session, USD/CHF is trading at 0.8884, down 0.12% on the day. The Swiss franc has jumped 1.6% this week and earlier strengthened to 0.8856, its best level this year. Switzerland’s inflation falls to lowest in nearly
Nikkei 225 Outlook: Negative sentiment overshadows positive fundamentals
Nikkei 225 broke below its 200-day moving average and a four-month range configuration. US President Trump’s trade war 2.0 against major trading partners triggered a negative feedback loop in Japanese equities due to potential disruption in semiconductor supply chains. Positive fundamentals in the J
正在加载中...
