The German political drama of the day is over as Merz was confirmed as Chancellor in the second anonymous vote. His coalition held a 12-seat …
Category: Forex Short News
The EURUSD is trading above its 200-hour moving average (currently at 1.1347) for the third consecutive day. In the previous two attempts, the pair posted …
Prior was 51.3 Non-seasonally adjusted 52.3 vs 55.6 prior This is a poor economic indicator but there is no doubt that the Canadian economy is …
Oil has closed the opening gap for the week and is now up $2.01 to $59.13. It’s an unlikely rebound after OPEC+ added barrels once …
The USDCAD continues to grind lower, posting a series of lower lows over the last 13 days, but downside momentum remains limited. The pair has …
The USDCHF has been trading in a sideways range for the past 10 days, confined within a Red Box defined by support at 0.8195 and …
The GBPUSD is showing signs of bullish revival after holding firm against a key support zone. Over the past several trading days, the pair repeatedly …
When Trump was elected, one of the most-predictable outcomes was a resumption of steel and aluminum tariffs. This chart shows imports of ‘finished metal shapes’, …
The US continues to tease a big trade deal and it’s likely with India, but after saying on Thursday that it was coming later that …
Crude Oil Futures Analysis for Today: Sellers Taking Control Bearish Momentum IntensifiesCrude oil futures are showing increased bearish momentum today after clear rejection at yesterday’s …