The Bank of Canada left its overnight rate unchanged at 2.25% as widely expected, but the accompanying statement struck a cautious tone, emphasizing downside risks to growth even as inflation risks rise due to higher Read more…
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The war in the Middle East has increased volatility Read more…
Furniture manufacturer Ashley is preparing to cut hundreds of jobs in Texas as the company consolidates its manufacturing operations. According to the latest Worker Adjustment and Retraining Notification (WARN) filing submitted to the Texas Workforce Read more…
Daily Pivots: (S1) 1.1488; (P) 1.1518; (R1) 1.1570; More…. EUR/USD dips notably after hitting 55 4H EMA, but stays above 1.1408 temporary low. Intraday bias remains neutral and some more consolidations could be seen. Further Read more…
Daily Pivots: (S1) 1.3298; (P) 1.3332; (R1) 1.3390; More… GBP/USD retreated sharply after hitting 55 4H EMA, but stays above 1.3216 temporary low. Intraday bias remains neutral and some more consolidations could still be seen. Read more…
Daily Pivots: (S1) 0.7853; (P) 0.7888; (R1) 0.7913; More…. USD/CHF recovers today but stays below 0.7921 temporary top. Intraday bias remains neutral and more consolidations could still be seen. Further rally is still expected as Read more…
Gold (XAU/USD) is down 3.3%, breaking the key $5,000 psychological support level ahead of the FOMC The market anticipates a “hawkish hold” from the Fed, potentially delaying rate cuts to 2027, which remains a key Read more…
Sponsored Story MAXIMIZE YOUR TAX REFUND (5:53) The good news about taxes this year is that many taxpayers can expect some increase in their tax refunds, thanks to several new tax deductions and changes to Read more…
For millions of shoppers, a membership to Costco is a gateway to bulk savings, discounted gas, and a host of additional perks. In fact, I’ve been a Costco member for 20 years, and I can Read more…
Daily Pivots: (S1) 158.65; (P) 159.07; (R1) 159.43; More… USD/JPY rebounded strongly after touching 158.55 support and focus is back on 159.84 temporary top. Above there will resume the rally from 152.25 to retest 161.94 Read more…