In an interview with the Wall Street Journal, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee warned that ongoing trade policy at the hands of Trump's constant tariff threats could hamper the ability of the Fed to deliver interest … [Continue reading]
Canadian Dollar tests low side despite upswing in Canadian labor data
The Canadian Dollar stumbled back on Friday as tariff fears remain.Canadian labor data overshot forecasts, bolstering the Loonie.Fresh tariff threats from Donald Trump have crimped CAD gains.The Canadian Dollar (CAD) tested lower ground against the … [Continue reading]
United Kingdom CFTC GBP NC Net Positions increased to £33.2K from previous £31.4K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United States CFTC S&P 500 NC Net Positions: $-140K vs previous $-86.8K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
GBP/USD crashes as UK GDP disappoints, trade war escalation boost USD
UK GDP shrinks for second straight month, boosting August BoE cut odds to 78%.Trump escalates trade war with 35% tariffs on Canadian goods, spooking markets.Rising rate cut bets and fiscal concerns pressure Sterling ahead of key UK data next week.The … [Continue reading]
EUR/GBP Price Forecast: Breaches channel top at 0.8640 after downbeat UK data
The Euro is attempting to break above the last two weeks' channel top, at 0.8640.Downbeat UK GDP and manufacturing data are weighing heavily on the Pound.EUR/GBP: Above 0.8640, the next target is the July 2 high, at 0.8665.The Euro is trading higher … [Continue reading]
France Inflation ex-tobacco (MoM): 0.4% (June) vs -0.1%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
US Dollar Index gathers strength above 97.50 as Trump announces new tariffs
The US Dollar Index gains ground to near 97.80 in Friday’s Asian session. Trump on Thursday announced a 35% tariff on Canadian imports, starting August 1.US Initial Jobless Claims declined to 227K last week, a seven-week low.The … [Continue reading]
Strategy could begin selling Bitcoin holdings as tax threats stir concerns
Strategy could risk shedding its over $65 billion Bitcoin reserve as the company shared risks surrounding its BTC acquisition plan.The company stated that if subjected to CAMT taxes from 2026, it could be forced to shed its Bitcoin holdings.Companies … [Continue reading]
Elon Musk’s Grok4 release boosts AI crypto market cap by $220 million
Elon Musk unveiled Grok4 during a livestream on X.xAI launched Grok4 and Grok4 Heavy, AI tools designed to enhance research and productivity.Artificial Intelligence tokens added over $220 million in market capitalization in the last 24 hours.Grok4, a … [Continue reading]