USD/CAD moves higher on Tuesday and trades around 1.3760 at the time of writing, up 0.17% on the day, as the Canadian Dollar (CAD) struggles to fully benefit from higher Oil prices. West Texas Intermediate (WTI) trades at $102.70, up 0.60% on the day, which would normally
TD Securities interprets the Reserve Bank of Australia (RBA) May Minutes as reinforcing a preference to stay on the sidelines near term, with markets pricing only a small chance of a June hike. The Board views financial conditions as somewhat restrictive, but TD expects an
Treasury Secretary Bessent said that G7 finance meeting talks were constructive, He is confident the Bank of Japan Gov. Ueda will successfully guide monetary policy He added that "excess" volatility in the Forex market is undesirable. He feels that the fundamentals
Silver (XAG/USD) remains under pressure on Tuesday and trades around $76.00 at the time of writing, down 2.13% on the day. The white metal is giving back part of its recent gains as risk appetite improves following US President Donald Trump's announcement regarding the pos
Prior week 4 week average 33K Current week's 4 week average The ADP NER Pulse is a newer high-frequency labor market indicator tied to the ADP National Employment Report (NER). It is designed to give traders and economists a more real-time look at hiring trends in the U.S.
The Australian Dollar (AUD) resumes its downtrend against the US Dollar (USD) on Tuesday, and is trading a few pips above one-month lows in the 0.7100 area at the time of writing. Wanning hopes of a negotiated end to the Iran war and high Oil prices have dampened investors
The USD Is higher vs the major currencies to kickstart the new trading day. The biggest gains are vs the AUD (+0.64%) and the NZD (+0.49%) The greenback is up 0.30% vs the EUR, 0.17% vs the JPY and 0.22% vs the GBP. In the video above, I talk about the technicals in
Australian Dollar: Oil keeps RBA cautious – BNY BNY’s Bob Savage notes the Reserve Bank of Australia (RBA) sees elevated risks that inflation expectations drift higher, potentially requiring a deeper slowdown. Oil-driven price pressures and three rate hikes to 4.35% frame
BNY’s Bob Savage notes the Reserve Bank of Australia (RBA) sees elevated risks that inflation expectations drift higher, potentially requiring a deeper slowdown. Oil-driven price pressures and three rate hikes to 4.35% frame the backdrop for AUD/USD RBA tightening r
Tapestry plans to drive most of its future growth from international markets, focusing on underpenetrated regions like China and Europe. Tapestry (TPR) aims to generate approximately 70% of its growth over the next few years from international markets, particularly China a
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