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Category: Forex Short News

Technical Analysis
Forex Short News, Technical Analysis

Gold Technicals: Spot gold is higher on the day, but selling came in against a key target

Posted onOctober 29, 2025

The price of gold is trading higher by roughly $40 today, extending the rebound that began after yesterday’s dip to around $3,886. Earlier in the …

Forex Short News
Forex Short News

Canadian dollar trades at the best levels in a month as BOC moves to the sidelines

Posted onOctober 29, 2025

The Bank of Canada today said it would take a ‘material’ change in its lowered outlook for the economy to cut rates again. The central …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF Technicals: The USDCHF is trending to the upside, but can traders trust the move?

Posted onOctober 29, 2025

The USDCHF has spent much of the past week locked in choppy, back-and-forth trading, with sharp intraday swings offering little directional conviction. That pattern changed …

Forex Short News
Central Banks, Forex Short News

Bank of Canada Gov Macklem: If the outlook changes materially, we’re prepared to respond

Posted onOctober 29, 2025

We are now at the lower end of our range of neutral, so we’re providing some stimulus This isn’t just a cyclical downturn, part of …

Forex Short News
Forex Short News

Semiconductor stocks surge: Nvidia leads the rally amidst mixed market signals

Posted onOctober 29, 2025

Sector Overview Semiconductors Take the Spotlight: The semiconductor sector is experiencing a surge, led by Nvidia (NVDA) with a notable increase of 4.75%. Other significant …

Forex Short News
Forex Short News

Crude oil inventory -6.858M versus -0.211 million estimate

Posted onOctober 29, 2025

Prior week -0.961 million Crude oil inventory drawdown of -6.858 million versus expectations at -0.211 million. Distillates inventories drawdown of -3.362M versus -1.735M estimate Gasoline …

Forex Short News
Education, Forex Short News

Is a wave of layoffs coming to the U.S.?

Posted onOctober 29, 2025

The S&P 500 index breaks records almost on a weekly basis, making it seem like the United States is in a true golden age, just …

Forex Short News
Forex Short News

Canadian budget to allow accelerated expensing

Posted onOctober 29, 2025

The National Post reports that the November 4 Canadian budget — Carney’s first — will include provisions that “allow companies to write off their new …

Technical Analysis
Forex Short News, Technical Analysis

The USDCAD has moved below the 200 day MA after rate cut

Posted onOctober 29, 2025

The USDCAD has moved lower (higher CAD) after the cut rates by 25 basis points and said that the “current policy rate at about the …

Forex Short News
Forex Short News

US September pending home sales 0.0% vs +1.0% expected

Posted onOctober 29, 2025

Prior was 4.0% (revised to 4.2%) The pending home sales index remained unchanged in September despite falling mortgage rates, according to NAR. However the August …

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