Canadian dollar strengthens as oil prices rise
Canadian dollar strengthens as oil prices rise
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Canadian dollar strengthens as oil prices rise
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Gold surged to fresh record highs while the U.S. dollar tanked across the board following a weak CPI print and lingering trade tension with China. European stocks rallied hard on Trump’s tariff pause, but U.S. equities gave back some gains as yield spikes and inflation fears rattled sentiment. Here are major headlines and asset moves…
Following the FOMC decision to keep rates unchanged in its July meeting, the market reaction – a plunge in stock prices for a couple of days – may have surprised Fed chair Jay Powell. Despite the sudden sharp reaction, I doubt it will change much of the FOMC’s opinion. For now, the initial market tantrum…
Farage paid £189,000 for part-time job as ‘brand ambassador’ for gold bullion firm, register reveals Nigel Farage, the Reform UK leader, has been paid £189,000 for a part-time job as a “brand ambassador” for a gold bullion firm, it has emerged today. Rowena Mason revealed that Farage had taken on the job in a Guardian…
Investing.com – The US dollar weakened Friday after US President Donald Trump indicated he would call for lower interest rates, while the euro surged after better than expected economic activity data. At 04:35 ET (09:35 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.6% lower to 107.205,…
EUR/USD tests the upper boundary to re-enter the descending channel pattern. If the 14-day RSI falls below the 30 level, it would signal an oversold condition. A return to the descending channel could lead the pair to navigate the region around channel’s lower boundary at 1.0670. EUR/USD inches lower for the second successive day, trading…
The RVMGann_sv8 indicator is designed specifically for the MetaTrader 4 platform, offering a user-friendly interface that blends Gann angles and price levels with volume analysis. By integrating these elements, it helps traders identify key support and resistance zones as well as potential trend reversals. This combination enhances accuracy compared to standard…