Monday , 10 March 2025

Forex

Forex

Macklem speech: It is looking like a soft landing for the economy

Tiff Macklem, Governor of the Bank of Canada (BoC), explains the BoC decision to lower the interest rate by 25 basis points to...

Forex

USDCHF moves above its 100 day MA at 0.89334. Buyers enter on the break.

The USDCHF has moved above its 100 day MA after falling below it yesterday and going down to test and fail on break...

Forex

USD/CAD spikes after BoC cuts interest rates and US ISM Services PMI rises

USD/CAD spikes to a high of 1.3742 on Wednesday after the Bank of Canada (BoC) governing council decides to reduce its key interest rate...

Forex

Macklem speech: Timing of any further interest rate cuts will depend on data

Tiff Macklem, Governor of the Bank of Canada (BoC), explains the BoC decision to lower the interest rate by 25 basis points to...

Forex

Q&A from Bank of Canada Press conference:Interest rate decisions are one meeting at a time

The USDCAD is tradin at 1.3711 at the start of the USDCADBOC Macklem:Interest rate decisions one meeting at a time. If the economy...

Forex

Weekly crude oil build of 1.233M vs draw expected of -2.311M

Crude oil inventories have a build of 1.233M vs a drawdown of -2.311M estimategasoline build of 2.102M vs 1.964M est.Distilates build 3.197M vs...

Forex

United States EIA Crude Oil Stocks Change above expectations (-2.3M) in May 31: Actual (1.233M)

United States EIA Crude Oil Stocks Change above expectations (-2.3M) in May 31: Actual (1.233M)

Forex

WATCH LIVE: Bank of Canada Press conference

The Bank of Canada press conference with Tiff Macklem and Carolyn Rogers will commence at the bottom of the hour. You can watch...

Forex

GBP/USD Price Analysis: Stays firm after strong US data, bears eye 1.2700

The GBP/USD is virtually unchanged in early trading during the North American session, following the release of the Institute for Supply Management (ISM)...

Forex

USD moves higher after stronger ISM services data.

The ISM nonmanufacturing index came in stronger than expectations at 53.8 versus 50.8 expected. However, employment remains below 50 at 47.1 (but up...