May 16, 2023/
May 16, 2023 at 03:15PM USD/CAD loses ground as higher-than-expected Canadian inflation increases the likelihood that the Bank of Canada will return from the sidelines and raise rates again.
May 16, 2023 at 03:15PM USD/CAD loses ground as higher-than-expected Canadian inflation increases the likelihood that the Bank of Canada will return from the sidelines and raise rates again.
May 16, 2023 at 02:09PM The US dollar is sitting close to a recently made one-month high as US debt ceiling talks continue.
May 16, 2023 at 12:00PM The Turkish election looks set for a runoff as Turkish Lira observers hope for a policy shift. Will a potential victory for challenger Kemal Kilicdaroglu lead to change in monetary policy?
May 16, 2023 at 10:28AM The Euro Area economy expanded by 0.1% in Q1, in line with market forecasts, while German economic sentiment took a turn for the worse.
May 16, 2023 at 08:55AM Gold prices could be losing their shine as key external factors approach including the US debt ceiling negotiations and Fed speakers.
May 16, 2023 at 07:30AM The UK employment data came in mixed this morning as unemployment ticked higher but average earnings remained steady. GBPUSD continued its slide with a deeper retracement starting to look more likely.
May 16, 2023 at 06:00AM The crude oil price maintained the gains on a sliding US Dollar overnight after several Fed speakers expressed their differing views. If China continues to struggle, will WTI hold up?
May 16, 2023 at 03:00AM The Australian Dollar slipped after China’s industrial production and retail sales data missed estimates and has the market reassessing the state of the world’s second-largest economy.
May 15, 2023 at 09:05PM Speculators have accumulated large bets against the S&P 500 in the futures market in recent weeks. Extreme bearish positioning can sometimes lead to powerful short squeezes if the right catalysts emerge.
May 15, 2023 at 05:25PM The U.S. dollar, as measured by the DXY index, slides moderately on Monday, failing to extend its rally from late last week that sparked a bullish breakout, a sign bears may be preparing for a new attack.
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