Event Guide: Canada’s Employment Report (July 2024)
The BOC shared that the economy is seeing a cooling labour market. Will July’s employment numbers support the central bank’s dovish estimates?
The BOC shared that the economy is seeing a cooling labour market. Will July’s employment numbers support the central bank’s dovish estimates?
This Thanksgiving week is closing on a pretty interesting setup for when traders return on Monday. US Stocks are completing their fourth day higher in today’s short session, metals are rallying back towards their all-time highs, cryptos are recovering from the dead, and the US Dollar is taking another hit. A familiar picture for 2025…
Gold price rebounds to around $3,115 in Thursday’s late American session. The heightened economic uncertainty supports the safe-haven demand, supporting the Gold price. Traders await the US March employment data, which is due later on Friday. Gold price (XAU/USD) recovers some lost ground to near $3,115 during the late American session on Thursday after facing…
By Kanishka Singh and David Brunnstrom WASHINGTON (Reuters) – New U.S. Secretary of State Marco Rubio held a call on Friday with Vietnam’s Deputy Prime Minister and Foreign Minister Bui Thanh Son in which he urged Vietnam to address trade imbalances and also discussed shared concerns about China. In the call, the first between the…
When it comes to forex trading, one of the most critical decisions traders face is determining the ideal duration to hold a position. The answer to, how long should I hold a forex trade can directly influence your overall success and risk management in the volatile forex market. Trade duration can shape your strategy, affect…
Derivatives marketplace CME Group announced it will launch micro-sized grain and oilseed futures contracts on 24 February 2025, pending regulatory approval. The firm revealed that the new contracts will be cash-settled and one-tenth the size of CME Group’s standard Corn, Wheat, Soybean, Soybean Oil, and Soybean Meal futures. John Ricci, Managing Director and Global Head…
Key Highlights NZD/USD started a fresh increase above the 0.5620 resistance. A key bullish trend line is forming with support at 0.5670 on the 4-hour chart. EUR/USD is still struggling to clear the 1.0520 resistance zone. GBP/USD could extend gains if it settles above 1.2630. NZD/USD Technical Analysis The New Zealand Dollar formed a base…