Why the Loonie Rose Then Reversed After the BOC Rate Hold
The Loonie rose after the BOC sounded worried about inflation, then fell when traders heard bigger warnings about Canada’s weak economy.
Read MoreThe Loonie rose after the BOC sounded worried about inflation, then fell when traders heard bigger warnings about Canada’s weak economy.
Read MoreThe U.S. Consumer Price Index rose 4.2% year-on-year in May, its fastest pace since April 2023, with surging energy costs driven by the Middle East conflict accounting for the bulk of the monthly increase.
Read MoreA bearish moving-average signal appears on NZD/USD, but will follow-through validate the crossover?
Read MoreRenewed US-Iran military escalation pushed crude oil higher on Wednesday while equities fell to a five-week low on tech selling, and gold posted a steep unexpected decline.
Read MoreThe ECB faces one of central banking’s hardest dilemmas on Thursday, and understanding it helps explain why the euro could swing sharply either way.
Read MoreThe Federal Reserve’s blackout period started June 7. No official can say a word until after the June 16–17 FOMC meeting, and that silence makes Wednesday’s CPI report hit differently.
Read MoreThe ECB’s June decision looks predictable, but with the hike priced in, Lagarde’s tone could drive the euro’s next move.
Read MoreGBP/CHF pushed beyond its upper Bollinger Band near key resistance, raising the question: bearish reversal setup or bullish trend expansion?
Read MoreMarkets opened Tuesday on cautious optimism after Monday’s ceasefire, before Trump’s statement blaming Iran for a downed U.S. helicopter and a tech-led rotation sent risk assets lower.
Read MoreFed tightening expectations are running high these days, so will the upcoming CPI release continue to fuel the hawkish fire? Here’s what to look out for.
Read MoreMan must cease attributing his problems to his environment, and learn again to exercise his will and his personal responsibility. Schweitzer Albert