USDCAD technicals The USDCAD is attempting to stage a recovery after posting a new low yesterday at 1.38278—the lowest level since November 2024. The bounce higher has taken the pair back up to test the 100-hour moving average, currently at 1.3952. This level represents the first major technical hurdle for buyers. A sustained move above […]
Category Archives: Forex News
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Apr
Apr
The world is facing a dollar confidence crisis as the repercussions of “Liberation Day” continue to reverberate, Deutsche Bank says. The German bank is out with its latest forecasts for the US economy and is increasingly tilting towards a stagflationary scenario. 2025 US growth forecast cut to 0.9% (q4/q4), hit by tariffs, policy uncertainty and […]
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Apr
Apr
I spoke with BNNBloomberg yesterday about the weakness in the US dollar so far this year and what’s driving it. I highlighted six main points that I also wrote about yesterday. Tariff troubles sparking supply chain fears beyond simple inflation math, with markets nervous about potential cascading disruptions similar to COVID experience Growth agenda taking […]
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Apr
Apr
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
15
Apr
Apr
The US stock market is little changed. The US yields are higher by about 3-4 basis points after falling by 10 or so basis points yesterday (last week yields did move sharply higher). For the US the dollar is mixed vs the major currencies – the EUR, JPY and GBP. For the EURUSD the price […]
15
Apr
Apr
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
15
Apr
Apr
Learn Options 101: Your Introduction to Stock Options Education & Options Trading 101 Welcome to the first article in our comprehensive ‘Learn Options’ Series designed for beginners and experienced traders alike. This guide aims to demystify options trading, beginning with foundational concepts and straightforward examples to make this complex topic approachable for everyone. Brand Transition […]
15
Apr
Apr
Learn Investing: How Higher Prices and Stagflation Hit Bank Stocks Because when households feel squeezed, banks start feeling it too. How inflation and stagflation can hit the banking sector If you’ve been watching inflation stay stubbornly high, you might assume it’s mostly a consumer problem—groceries cost more, energy bills climb, and vacations get shelved. But […]
15
Apr
Apr
Fundamental Overview As the stock markets around the world bottomed, the pressure on gold eventually waned and the precious metal rallied strongly into new all-time highs. The rally has been aggressive as everyone rushed into gold as protection from potential stagflation due to trade wars. The problem is that “long gold” is now the most […]
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Apr
Apr
Prior +0.8% HICP +0.9% vs +0.9% y/y prelim Prior +0.9% Core annual inflation is also seen steady at 1.3%, the same as in February. So, this is one spot that the ECB can take heart in. And at the balance, France is not going to take as big of a hit from US tariffs; all […]