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The Canadian Dollar (CAD) remains under pressure into the end of the week amid rising trade tensions. The CAD pushed through 1.42 yesterday afternoon following reports that Canada was mulling commodity export taxes as one possible response to US tariffs. Losses extended somewhat overnight, Scotiaban

Gold prices stabilised around 2,690.00 USD per troy ounce on Friday. The quotes fell by almost 1% in the previous session, as investors assessed the latest US economic data. The statistics prompted a rally in the yields of US treasury bonds. US manufacturing prices rose more than expected in Novembe

The euro is slightly higher on Tuesday. In the European session, EUR/USD is trading at 1.0528, down 0.23% at the time of writing. German inflation climbs to 2.2% Germany, the largest economy in the eurozone, remains a shadow of what was once the undisputed locomotive of Europe. Economic growth has s

We’re seeing a lot of consolidation in markets ahead of some key economic data and central bank policy risk later this week. This includes tomorrow’s Bank of Canada decision and US inflation data, and an ECB decision on Thursday. Share: Analysis feed

Here is what you need to know on Tuesday, December 10: The Australian Dollar (AUD) stays under selling pressure early Tuesday following the Reserve Bank of Australia's (RBA) monetary policy announcements. The European economic docket will not offer any high-impact data releases. Later in the day, th

Short Term Elliott Wave in American Airlines (AAL) suggests that rally from 11.6.2024 low is in progress as an impulse. Up from 11.5.2024 low, wave ((i)) ended at 15.13 as the 1 hour chart below shows. Pullback in wave ((ii)) unfolded as a double three Elliott Wave structure. Down from wave ((i

The US Nonfarm Payrolls report showed the economy added 227K new jobs in November. The Michigan Consumer Sentiment Index jumped to 74 in December. The GBP/USD pair turned negative and approaches 1.2700. The US Dollar (USD) fell following the release of the United States (US) Nonfarm Payrolls (NFP) r

شركة تنظيف منازل شمال الرياض تقدم خدماتها المتميزة لأهالي منطقة شمال الرياض، حيث تسعى دائمًا لتوفير بيئة نظيفة وصحية للمنازل. في ظل الحياة اليومية المزدحمة، قد يكون من الصعب إيجاد الوقت الكافي لتنظيف المنزل بشكل جيد. لذلك، توفر شركة تنظيف منازل شمال الرياض الحل الأمثل للأسر التي ترغب في الحصول على خ

There are rare moments when the market’s reaction to news leaves me baffled. And today – this week – is one of them. The French government just collapsed, and the composition of the government suggests that whoever replaces Micel Barnier will face the same problems than he did, in a France that beca

The Yen strengthens against the US Dollar amid growing expectations of a December rate hike by the Bank of Japan (BoJ). Market sentiment is shifting towards a BoJ policy normalization, with a 61% probability priced in for a 25 bps hike. US economic data has added to USD weakness today aiding Yen gai

Mexican Peso appreciates 0.59% against US Dollar, poised for strong weekly performance. Banxico minutes suggest potential for 50 bps rate cut in December, boosting Peso's outlook. President Sheinbaum optimistic about averting Trump's proposed 25% tariffs, bolstering MXN stability. The Mexican Peso a