Fundamental Analysis U.S.: September CPI: Headline inflation eased to 2.4% y/y, aligning closer to the Fed’s target, though core CPI rose by 3.3% y/y, driven by housing and insurance. September Jobs: The U.S. added 254,000 Read more…
USDJPY made big, sharp and impulsive sell-off through summer. That was wave (A) that caused a bounce in last two months, for a rally in (B) which is now at important 153-155 resistance, but there’s Read more…
The Canadian dollar is showing little movement on Friday. In the European session, USD/CAD is trading at 1.3845 at the time of writing, down 0.07%. It has been a relatively quiet week for the Canadian Read more…
Cruisers usually understand the idea that you should avoid certain topics on cruise ships. That usually starts with politics and religion. Yes, there are always a few people wearing overly political T-shirts (and almost always Read more…
Apple shares edged lower in early Friday trading, eating in to their modestly one month advance, following a notable rating change from a top Wall Street analyst and another round of weak iPhone 16 sales Read more…
The recent movement of the USD/JPY has been influenced primarily by political factors. The JPY has weakened significantly due to the growing risk that the current LDP-led coalition may lose its majority seats after this Sunday, Read more…
Check back for updates throughout the trading day U.S. equity futures edged higher Friday, but are still on pace for a weekly decline, as investors grapple with a sharp rise in Treasury bond yields, election Read more…
The Japanese yen is showing limited movement on Friday. In the European session, USD/JPY is trading at 151.94, up 0.09%. Tokyo Core CPI falls below BoJ’s target Tokyo Core CPI, a leading indicator of inflation Read more…
AUDUSD tests support area near 200-day SMA Short-term bias remains on the negative side AUDUSD has been on a downward slide again, marking its fourth consecutive week in the red. It recently dipped to a Read more…
The NZD/USD pair dropped to 0.5988 this Friday, marking a potential close lower for the fourth consecutive week. The strength of the US dollar continues to dominate the currency pair, fuelled by expectations of a Read more…