Thursday , 9 January 2025

Forex

Forex

It seems that the Brazilian Real has reached a turning point – Commerzbank

The Brazilian Real (BRL) does not seem to be doing so well this year.

USDCAD buyers shift the bias back to the upside with a move back above its 200-day MA.
Forex

USDCAD buyers shift the bias back to the upside with a move back above its 200-day MA.

The USDCAD buyers are shifting the buyers back to the upside with a move back above its 200-day moving average at 1.34792, and...

The focus has shifted to the Fed dots and the market now sees 50 instead of 75
Forex

The focus has shifted to the Fed dots and the market now sees 50 instead of 75

Bonds are taking a beating today and the US dollar is following. US Treasury yields are higher by 6-9 bps across the curve...

Forex

United States EIA Natural Gas Storage Change below expectations (-3B) in March 8: Actual (-9B)

United States EIA Natural Gas Storage Change below expectations (-3B) in March 8: Actual (-9B)

Forex

Copper fundamentals over the coming decade are incredibly exciting – TDS

Economists at TD Securities expect Copper to embark on a significant race higher in the long run.

Forex

USDCHF makes a break to the upside above moving average levels. Buyers making a play.

IN this video, I take a close look at the USDCHF from a technical perspective. The price is moving above it's a 200...

Forex

United States Business Inventories came in at 0%, below expectations (0.2%) in January

United States Business Inventories came in at 0%, below expectations (0.2%) in January

Forex

US January business inventories 0.0% vs +0.2% expected

Prior was +0.4% (revised to +0.3%)Retail inventories +0.3% vs +0.3% priorOn net, the economic data today should lead to lower US Q1 GDP...

Forex

US Dollar rallies with traders push back beyond June for Fed cut

The US Dollar (USD) trades in the green on Thursday after both US Retail Sales for February and Producer Price data got released....

Forex

The FOMC will initiate the first cut to the federal funds rate at its June 12 meeting – Wells Fargo

Economists at Wells Fargo do not expect any policy changes from the FOMC at its meeting next week.