BofA sees more strength for U.S. dollar in Q2

CADCanadian retail sales data should be in focus for loonie traders today. Markets are expecting a solid expansion in consumer activity, with headline sales likely to rise by 0.7% MoM in April. While this would more than offset a first set of print seen for March, we would still caution that this is hardly a…

If you’ve been keeping tabs on U.S. economic reports this week, the numbers are looking almost too good to be true. Manufacturing is growing again. The services sector is firing on all cylinders. Businesses are optimistic. So why does the Fed still seem to be on edge? Buried inside these positive reports is a worrying…

European stock markets declined on Tuesday, reaching a two-week low, as fresh worries about the US-China trade conflict resurfaced and corporate news, specifically from French tire maker Michelin, weighed heavily on the market. The overall STOXX 600 index fell by 0.6%. Investors were nervous after both the US and China began imposing new port fees…

Imagine this: You just opened your first Forex account. Your heart races as you watch currency prices tick up and down on the screen. That rush feels great, but then a bad trade wipes out half your balance in minutes. Sound familiar? Many new traders face this mix of thrill and fear. They dream of…

The Eurozone Consumer Confidence Indicator (CCI) is the European Commission’s flagship monthly gauge of household sentiment across the 21 euro-area members and is one of the most closely watched real-time reads on the region’s economy. Compiled by the Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN), the index is built from harmonized consumer surveys…