Is there more legs to the dollar short squeeze?
Is the dollar let out of the dog house just yet? Well, not exactly. The latest recovery in the greenback in the past two weeks comes as Trump is threatening…
Read More »Philadelphia Fed Business index for July +15.9 vs -1.0 expected
Prior month was -4.0 Details: New Orders 18.4 vs 2.3 last month Shipments 23.7 vs 8.3 last month Unfilled orders 5.7 vs 9.3 last month Delivery time -4.7 vs 13.6…
Read More »Trump’s threat of firing Fed Chair Powell is just noise
Yesterday, we got a news saying that a senior White House official revealed that Trump was planning to fire Fed Chair Powell. The reaction in the markets was the one…
Read More »Trade developments in focus to kick start the week
The main story came over the weekend as per below: Trump hits the European Union (EU) with a 30% tariff, starting on August 1 EU extends pause on US trade…
Read More »Trade ideas thread – Monday, 14 July, insightful charts, technical analysis, ideas
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: This…
Read More »Forexlive Americas FX news wrap: Canadian jobs jump, no EU tariff letter yet
Canada May employment change +83.1K vs 0.0K expected Canada building permits for May 12.0% versus -0.8% estimate Fed’s Goolsbee: Latest tariff threat could delay rate cuts US June federal budget…
Read More »Trump hits the European Union (EU) with a 30% tariff, starting on August 1
Trump hits the European Union (EU) and Mexico with a 30% tariff, starting on August 1, and more if they retaliate. Trump announced a new round of tariffs on his…
Read More »European shares end the week with a move to the downside.
The major European indices are ending the week today with moves to the downside. However, for the week, share prices are higher. A snapshot of the closing levels today shows:…
Read More »Nagel: ECB should neither plan nor rule out further cuts
The market is pricing in virtually no chance of a cut on July 24 but that rises to 42% for the September 11 meeting. and a cut is fully priced…
Read More »EU reportedly closes in on temporary “framework” agreement with the US
This “deal” of sorts is something similar to the one with the UK, in which the 10% baseline tariffs will continue to be applied. However, unlike the UK, Trump is…
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