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Gold spikes amid tensions but can’t shake off weekly losses
Gold gains 0.67% in late session, but geopolitical strife keeps it above $2,600 despite monthly losses. Escalation in Russia-Ukraine conflict and Middle East tensions underline Gold's safe-haven appeal. Market optimism…
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Canadian banks see a strong case for a 50 basis point rate cut
Canada GDP q/qThe headline from today's Canadian GDP report is that growth declined on a per-capita basis for the sixth consecutive quarter. In addition, monthly GDP data showed just 0.1%…
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Mexican Peso trims losses on Trump’s friendly remarks
Mexican Peso strengthened after Trump – Sheinbaum’s call, reversing some of the losses spurred by Trump's earlier threats. Banxico minutes reflect a possibility of further interest rate adjustments based on…
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Bitcoin races up to 100 and 200 hour MA and finds some apprehension
The price of Bitcoin is trading up around $3800 today at $95,750. The high for the day has reached $96,435. The move higher took out the 100 and 200-hour MAs…