crude

The better than expected retail sales report from the US undercut the expectations that the Fed will lower rates more aggressively. Following the upbeat jobs report in June, retail sales report also came out higher than expectations. This…
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The US dollar attempted to reverse the losses from last week on Monday, turning slightly bullish. However, price action was rather subdued. Investors will be looking towards the US retail sales report due later today. Following a strong…
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Here is our weekly video analysis for the FX Majors. We will be breaking down time-frames while highlighting what you should be looking out for this week!
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The much-anticipated testimony from Fed Chair Jerome Powell happened on Wednesday. As widely speculated, Powell made the case for a rate cut. This sets the stage for the July Fed meeting where interest rates could be lowered. Following…
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The monthly payrolls report from the US saw employers adding 224,000 jobs during June. This was higher than the estimates of 162,000 jobs. The unemployment rate ticked higher to 3.7% on an increased participation rate. The average hourly…
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The US markets are reopening after being closed on Thursday for Independence Day. Investors will be eyeing the payrolls report due later today. The US economy is forecast to add 162k jobs in June. Besides the US payrolls report, Canada…
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US equities surged higher on Monday with the S&P500 hitting new all-time highs intraday before pulling back towards the close. The G20 theme remains dominant with Washington and Beijing calling for a temporary truce to the trade wars.…
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The currency markets open to the new trading month of July. The major themes driving the currencies this morning include the weekend G20 summit. Investors were waiting for a major breakthrough in the US-China trade talks. However, both…
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