The Canadian dollar is in negative territory today, as the US dollar is higher against the major currencies. In the European session, USD/CAD is trading at 1.3827, up 0.45%. Canada retail sales expected to improve Read more…
AUD/USD has dropped lower today and is trading at 0.6252, down 0.43%. Fed expected to remain aggressive The Federal Reserve has signalled that it plans to remain hawkish, as the relentless battle with spiralling inflation Read more…
A warning on ad spending, and a grim near-term outlook, as Snap and other social media shares trading sharply lower Friday. Snap Inc. (SNAP) – Get Snap Inc. Class A Report shares plunged lower Friday after Read more…
An ad spend warning from Snap, as well as suggestions of a U.S. revue of Elon Musk’s $44 billion takeover, has Twitter shares trading sharply lower Friday. Twitter (TWTR) – Get Twitter Inc. Report shares slumped Read more…
Stock futures slides as bond sell-off intensifies; Snap plunges after ad spending warning, grim outlook; Twitter slumps on report Musk takeover could be subject to U.S. review; Verizon edges higher ahead of Q3 earnings after Read more…
GBPJPY has experienced some large moves in the short term, with the price losing around 10% before recovering back and forming a fresh 6½-year high of 170.80. Nevertheless, the pair has been trading sideways in the Read more…
GBP/USD falls after as retail sales fall & as political turmoil continues The relief rally in the pound following PM Liz Truss’ resignation was short-lived. The focus is now on who will take over. Currently, Read more…
USDCAD has partially recovered Monday’s pullback as the 1.3800 level proved hard to overcome during the week, limiting bullish moves. Although the RSI and the MACD reflect some caution as the former is lacking direction Read more…
Core CPI hits 3.0% Inflation in Japan continues to rise. Core CPI rose to 3.0% YoY in September, its highest level since August 1991. This was up from 2.8% in August and marks the sixth Read more…
The Nasdaq 100 softened after Fed officials said the central bank would keep raising rates. The price action is struggling to claw back its previous losses. The latest bounce has met stiff selling pressure in Read more…