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Canada’s GDP expected to ease in Q2 US nonfarm employment payrolls expected to dip to 177,000 The Canadian dollar is calm in the European session, trading at 1.3500, down 0.07%. I expect to see...
NZDUSD is severely oversold so a bounce is possible to minor resistance at 5975/85. Shorts need stops above 5995.Strong resistance at 6015/25. Shorts need stops above 6040. USDCAD longs at support at...
The dollar pulled back after the miss in the US inflation data, but traders may have another opportunity to adjust their dollar positions as next week’s agenda includes the minutes from the...
US NFPs increase by less than expected in JulyDollar, Treasury yields slide, traders add to rate cut betsLoonie suffers, BoJ debates prospect of sustained inflationWall Street extends correction after...
Canada added a negligible 1700 jobs in July US nonfarm payrolls almost unchanged at 187,000 The Canadian dollar is showing limited movement on Friday. In the North American session, USD/CAD is trading...
Dollar gains as ISM mfg. new orders beat estimatesPound traders await Thursday’s BoE decisionAussie the main loser after RBA stands patS&P 500 and Nasdaq close in the red, oil hits new...
Oil poised for best monthly performance since early 2022 Net-long positions in WTI rise to highest levels in 3 months Goldman says global oil demand has surpassed the peak set just before...
Expectations of further Fed rate hikes evaporate after dip in core PCE Stocks rejoice but dollar stays in demand as yen’s comeback bid faltersRBA decision coming up, BoE next on Thursday ahead...
This morning I joined Ade Nurul Safrina on CNBC “Closing Bell” Indonesia to discuss the Fed’s move yesterday, Emerging Markets, Earnings and Markets Outlook moving forward. Thanks to...
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