RBC keeps its EUR/USD forecasts conservative, with an end-Q2 target of 1.14 and end-Q3 at 1.15. Despite bullish sentiment and positioning, RBC sees limited upside …
The GBPUSD made a bold push to fresh highs not seen since 2022, but momentum stalled just shy of the critical 50% retracement level from …
Upbeat comments from Lutnick and stocks are quickly higher with the S&P 500 touching the highs of the day. We will try to finish things …
I have been highlighting a potential invterted head-and-shoulders pattern on the WTI crude oil chart but today was a setback, or at least a false …
BofA and Morgan Stanley expect May’s US CPI report to show a modest rise in both headline and core inflation. While headline pressures remain subdued, …
Canadian Prime Minister Mark Carney announced an immediate rise in military spending to 2% of GDP yesterday (from 1.37%) and said it would rise from …
The race to replace Jerome Powell hasn’t truly kicked off yet but there is some positioning in the background. Treasury Secretary Scott Bessent has emerged …