BoE Governor Andrew Bailey said today, the forward guidance language was “very cautious” because of the high uncertainty. And it will take time to properly assessment how the “joint experience of COVID and Ukraine invasion causes world economy to emerge into new steady state.” “Liquidity conditions have deteriorated in many commodity markets, margining costs have […]
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USDCAD declines from 1.4100 again RSI moves horizontally below 70 MACD still in bullish momentum USDCAD has successfully broken the 1.4100 psychological mark earlier today, taking the market towards a fresh four-and-a-half-year high of 1.4176. Read more…
US President-elect Trump used his Truth Social network to announce his latest tariff threats. Trump vowed to impose 10% additional tariffs on China exports to the US and 25% tariffs on all products from Mexico Read more…
Oil prices rose in early European trade following a drop on Monday. OPEC+ is set to meet on December 1st to discuss a potential oil cut rollover into 2025. Technically, Brent Crude has been in Read more…