Trump’s recent comments and trade policies reveal contradictions regarding his stance on the USD. While protectionist policies could suggest a preference for a weaker USD to reduce trade deficits and…
The US Dollar Index soars above 106.50 on Monday. DXY surges higher driven by Trump's warnings on tariffs against BRICS nations Strong November ISM manufacturing PMI helps the USD. The…
UPCOMING EVENTS:Monday: Australia Retail Sales, China Caixin Manufacturing PMI, Switzerland Retail Sales, Switzerland Manufacturing PMI, Eurozone Unemployment Rate, Canada Manufacturing PMI, US ISM Manufacturing PMI, Fed’s Waller.Tuesday: Switzerland CPI, US…
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…
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%…
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…
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…
The Minutes of the Fed’s November 7 gathering will come later. The Committees’ view of a potential move in December takes centre stage. The US Dollar Index remains close to…