Canada’s GDP grew 0.6% mom in January, above expectation of 0.4% mom. Services-producing industries increased 0.7% mom. Goods-producing industries were up 0.2% mom. Overall, there was broad-based growth with 18 of 20 sectors increasing. Advance information indicates that GDP rose 0.4% mom Read more…
The Euro holds in red for the third consecutive day and accelerates lower in early Thursday, cracking pivotal supports at 1.0800/1.0790 zone (former higher base / Fibo 61.8% of 1.0695/1.0981 / base of thick daily Read more…
The Australian dollar is down sharply and has fallen to a three-week low. In the European session, AUD/USD is trading at 0.6491, down 0.66%. Australia’s retail sales rise 0.3% Australia’s retail sales slipped in February Read more…
Check back for updates throughout the trading day U.S. equity futures were mixed in early Thursday trading, while the dollar powered higher against its global peers, as investors tweaked their near-term interest-rate forecasts while eyeing Read more…
An analysis of 2022 tax returns revealed some trends in employment, investing and in the size of refunds that taxpayers receive. Lisa Greene-Lewis, CPA and TurboTax Live expert, explains how these insights may help you at tax Read more…
In a speech delivered in Rome, ECB Governing Council member Fabio Panetta acknowledged the impact of restrictive policies on demand, attributing these measures, alongside the falling energy prices, as key factors in the “rapid fall Read more…
AUDUSD violates key support zone Bearish pressures could persist in short-term AUDUSD’s short-term upward pattern is under threat as it faces the risk of closing below the October support trendline at 0.6500, following another rejection Read more…
WTI futures post an almost 5-month peak But fail to advance further and hover around 50.0% Fibo Oscillators suggest that the bulls retain the upper hand WTI oil futures (May delivery) have been in a steady recovery from their December bottom Read more…
The price actions of Nasdaq 100 have reached the lower limit of a major resistance zone of 18,435/620. Heightened over-concentration risk from Nvidia as its current year-to-date returns of 87% contributed to 55% of Nasdaq Read more…
As the EUR/USD chart shows at the start of the European session today, the exchange rate has dropped below EUR 1.08 per US dollar. Tuesday’s news contributed to this. According to Nasdaq.com, on March 26, Read more…