© Reuters. Investing.com – The U.S. dollar rose towards a three-week high on Tuesday as hope dampened that the Federal Reserve will ease monetary policy aggressively, while worry over U.S.-China… Read more »
View BTC could rise to key resistance at $12,061 in the next few hours, as the hourly chart is reporting a symmetrical triangle breakout. A high-volume break above $12,061 would… Read more »
A weekend opinion piece in the Financial Times Recent economic data have shown further weakness in manufacturing sectors in most of the major economies, including Germany where growth is now negative. … Read more »
Hello fellow traders! made a sharp recovery lately from the lows, which we labelled as sub-wave c of 4, that can be part of a flat correction. A flat is… Read more »
USD/JPY approaches resistance The US dollar is rallying after the strong jobs number. USD/JPY is pressing up against the late-June high and could run stops on a break above 108.53…. Read more »
USD/CAD down 30 pips on the day The story in the past few months has been the unbelievable run of Canadian economic data. It’s been a non-stop parade of better-than-anticipated… Read more »
Asia Pacific Market Open Talking Points S&P 500 rises despite slew of disappointing US economic data NZDUSD may extend longest consecutive uptrend since 2013 Stocks may have to wait until… Read more »
USD/CAD falls to 1.3125 The Canadian dollar continues to climb. It’s all about interest rate differentials with the Bank of Canada likely sidelined as others continue to cut and hint… Read more »
Highs of the day for oil WTI crude has stretched gains to $1.46 today, hitting $59.30 per barrel. That’s the highest since May 30. The focus today is on weekly… Read more »
USD/CAD sinks to session low Everything is going right in Canada right now. Last year’s NAFTA uncertainty might have slowed the economic more than believed and now it’s catching up…. Read more »