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Forex Short News
Forex Short News

It’s a holiday in Canada on Monday but some notable economic data later in the week

Posted onMay 16, 2025

Monday (May 19) Markets closed for Victoria Day – nothing scheduled. Tuesday (May 20) – CPI day GoC bill auctions: 3-mth C$17.6 bln, 6-mth C$6.2 …

Forex Short News
Forex Short News

S&P 500 extends gains to 0.6% to push weekly gain above 5%

Posted onMay 16, 2025

The big week for stock markets on the US-China climb-down is continuing late on Friday. The S&P 500 has edged to a fresh session high …

Forex Short News
Forex Short News

What’s on the US economic calendar for the week of May 19-23

Posted onMay 16, 2025

It’s a light week on the economic calendar with the S&P PMIs as the only real market movers. I expect more ‘wait-and-see’ from the Fed …

Forex Short News
Forex Short News

Credit Agricole: EUR/USD faces 4 key vulnerabilities despite recent rally

Posted onMay 16, 2025

Credit Agricole warns that EUR/USD has rallied too far, too fast, leaving it exposed to multiple downside risks. With market optimism running ahead of fundamentals, …

Forex News
Forex News

Trump rejects ex-FBI director Comey’s explanation of “8647” post

Posted onMay 16, 2025
Forex News
Forex News

CyberLink Showcases Cutting-Edge Software at COMPUTEX 2025

Posted onMay 16, 2025
Forex News
Forex News

Sean ‘Diddy’ Combs’ lawyer seeks to undermine star prosecution’s rape claim at trial

Posted onMay 16, 2025
Forex Short News
Forex Short News

The dip buying in bonds seems to have run out of gas

Posted onMay 16, 2025

The opportunity to buy 30-year Treasuries yielding 5% briefly presented itself this week for the fourth time this year. All the other attempts were quickly …

Forex Short News
Forex Short News

Baker Hughes US oil rig count -1

Posted onMay 16, 2025

Total rigs down 2 to 576. It’s the third consecutive weekly drop in rigs. The oil market is in flux at the moment as OPEC …

Forex Short News
Forex Short News

Federal Reserve said to plan cuts of 10% of workforce over next several years

Posted onMay 16, 2025

Someone the Federal Reserve system employs 26,000 people. That seems like an awful lot of people to manager currency, process checks and supervise. I think …

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