BCA sees room for a bigger U.S. dollar rebound
BCA sees room for a bigger U.S. dollar rebound
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BCA sees room for a bigger U.S. dollar rebound
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The USDCAD has had a volatile trading today as tariff news from Pres.-elect Trump sent the dollar lower and then higher, and word of the resignation of Canada PM Trudeau also contributed. Technically, the price moved lower on the tariff news taking the pair below a “Red Box” (see chart below) that has defined the…
The US April non-farm payroll report today will serve as a critical barometer of the labor market’s resilience amid rising macroeconomic uncertainty. While the recent flip-flopping of reciprocal tariffs may not yet be fully reflected in the data, other indicators suggest growing fragility. A notable miss in today’s report could reignite concerns about recession, particularly…
Sidetrade announced Monday that it has signed binding agreements to acquire 100% of Australian fintech ezyCollect, marking its entry into the Asia-Pacific market and furthering its global expansion in AI-powered Order-to-Cash (O2C) solutions. EzyCollect, based in Sydney, serves over 1,100 small and mid-sized businesses managing A$19 billion in receivables. The acquisition, valued at about €37…
As the DXY chart shows, the US dollar index is trading today at its lowest level since September 2025. From this month’s peak, the decline has exceeded 2%. Why Is the Dollar Weakening? → The Fed factor. The interest rate decision is due tomorrow. Markets are expecting dovish rhetoric from Jerome Powell to offset economic…
By Lewis (JO:) Krauskopf NEW YORK (Reuters) -U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising Treasury yields and uncertainty over Donald Trump’s policy plans. After back-to-back standout years, the stock market has wobbled out of the gate in 2025, with the benchmark down…
AUD/USD is attempting a recovery wave from 0.6910. NZD/USD is also correcting losses and might recover if there is a clear move above 0.5885. Important Takeaways for AUD/USD and NZD/USD Analysis Today · The Aussie Dollar found support near 0.6910 and is now recovering against the US Dollar. · There is a key bearish trend…