On Thursday, the EUR/USD pair surged as the Dollar Index decreased. As rate rise cycles come to an end, analysts anticipate greater Euro depreciation. With important US and EU inflation numbers on Friday, the trading week will come to an end.On Thursday, the EUR/USD reached an intraday high of 1.0580 …
Read More »BoC Poised to Hold Rates Steady Amid Trade Tensions
As the Bank of Canada prepares to announce its interest rate decision on Wednesday, July 30, 2025, e…
Crude Oil Surges as Trump Issues Ultimatum to Russia
Crude oil prices soared on Tuesday, driven by heightened geopolitical tensions as the U.S. issued a …
Pound Slips Amid Risk-Off Sentiment and US-EU Trade Deal Concerns
The British pound faced modest losses on Tuesday, caught in the crosshairs of a resurgent US dollar …
Trade Talks Intensify as August 12 Tariff Deadline Looms
Global trade negotiations are heating up as the United States and China race against a looming Augus…
US Session Key Drivers: Markets Brace for Fed Decision as Dollar Surges
The US dollar charged to new multi-week peaks on Tuesday, fueled by growing uncertainties in global …
FOMC Faces Firestorm: Unprecedented Split, Trump Pressure Looming Over Rate Decision
As the Federal Reserve prepares for its July meeting on Tuesday, July 29, 2025, a volatile mix of po…
Boeing’s Q2 Performance Shows Improvement Amidst Ongoing Challenges
Boeing, the prominent aircraft manufacturer, reported a narrowed second-quarter loss and increased r…
Bitcoin Remains Rangebound Amid Trade Talks and Fed Decision
Bitcoin stayed steady near $119,000 on Tuesday as investors awaited further clarity on U.S. trade ne…
Visa and Mastercard to Report Strong Quarterly Profits Amid Consumer Resilience and Trade Uncertainty
Visa (NYSE:V) and Mastercard (NYSE:MA), the world’s largest payment processors, are expected to repo…
European Equities Edge Higher Amid Trade Deal Optimism and Corporate Results
European equities saw a modest uptick on Tuesday, lifted by corporate earnings reports, notably in E…
Market Analysis
September, 2023
-
28 September 2023 11:57 pm
CAD expects USD to decline even further
The US currency, which has little velocity, and the price of crude oil are closely tracked by the Canadian dollar. The USD/CAD pair is essentially flat for the day on Thursday, falling 0.2% at its low point, and it appears that consolidation is imminent near 1.3500. The final figures for …
Read More » -
28 September 2023 10:38 pm
US oil retreats from a 12-month peak on profit taking, hawkish Fed
Despite encouraging US economic data, and at the time of writing, WTI crude has dropped 2.17% to $90.77 from a 12-month high of $94.99. Despite slowing inflation, the US economy grew by 2.1% in the second quarter and is projected to rise by 4.9% in the third. However, as Republicans …
Read More » -
28 September 2023 8:40 pm
Wall Street ticks higher as investors digest US GDP data
US stocks rose on Thursday, looking to recover some losses after the Fed’s higher for longer stance on interest rates drove markets lower over the past week. The S&P 500 rose about 0.6%, while the Dow Jones popped about 0.5%. The tech-heavy Nasdaq Composite led gains, adding 0.8%. A fresh …
Read More » -
28 September 2023 7:51 pm
Gold extends losses as Fed policymakers back more rate hikes
Gold prices are experiencing a selloff as Fed policymakers reiterate their hawkish stance on interest rate outlook. The US economy’s strength due to a tight labor market and strong consumer spending supports the Fed’s hawkish stance. The precious metal is trading at $1863 per ounce at the time of writing.The …
Read More » -
28 September 2023 4:14 pm
The US economy grew 2.1% in Q2
The final reading of America’s gross domestic product revealed that the economy grew by about 2.1%, which is the same levels as the second reading. The US economy grew by about 2.2% in the first quarter of this year and by 6.2% in the second quarter of 2022. The data …
Read More » -
28 September 2023 3:15 pm
Gold is trading at a 6-month low
Gold prices traded at their lowest level in 6 months during Thursday’s session, recording levels below $1,900 per ounce. Gold’s losses coincided with a rise in the dollar and the yield on US Treasury bonds. The dollar recorded its highest level in 10 months against a basket of major currencies …
Read More » -
28 September 2023 1:46 pm
European stocks open higher supported by a rise in energy company stocks
European stocks rose slightly on Thursday, supported by gains in energy stocks as oil prices rose while investors awaited inflation data from Germany, the euro zone’s largest economy. The European STOXX 600 index rose 0.1 percent by 0705 GMT, after five consecutive sessions of losses, and the German DAX index …
Read More » -
28 September 2023 12:19 pm
USD is stable near the highest level in 10 months and continues to pressure JPY
The dollar stabilized near its highest level in ten months against a basket of currencies on Thursday, keeping the yen near an area that may require intervention by the authorities to support it, amid investors’ assessment of the impact of positive US economic data and new statements from Federal Reserve …
Read More » -
28 September 2023 3:26 am
Market Drivers – Market Drivers, September 27
The US dollar’s rally and the drop in equity prices continue to be in the spotlight. The New Zealand NZD Business Confidence survey and Australian retail sales are two important readings to be watched during the Asian session. Later, attention will turn to Spain’s and Germany’s early September inflation data. …
Read More » -
28 September 2023 2:31 am
GBP/USD declines further on stronger dollar
The GBP/USD pair is experiencing a backslide as the Pound Sterling weakens against the dollar. US data supports the USD, while the UK data-light calendar leaves the GBP to twist. The pair is expected to see US & UK GDP and US PCE on Friday. On Wednesday, US Durable Goods …
Read More » -
28 September 2023 2:01 am
EUR/USD closer to fresh lows on economic headwinds, hawkish Fed
The EUR/USD pair has reached an eight-month low, with the pair trading at 1.0505, near the lows of the month after reaching a daily high of 1.0574. The Eurozone’s M3 supply shrinkage, reflected by broader economic strains, has weighed on the EUR/USD.The Euro is extending its losses versus the US …
Read More » -
27 September 2023 10:35 pm
Wall Street dips as Treasury yields continue surging
As Treasury rates surged on Wednesday, Wall Street’s major indexes declined in choppy trading conditions as investors awaited news on a US funding bill and this week’s inflation data to determine the Federal Reserve’s stance for monetary policy outlook.The 10-year Treasury yields changed course to reach a new 16-year high, …
Read More »