USD/CAD Canadian Dollar Rises on Oil Surge and Fed Rate Cut Expectations
The US dollar retreated across the board versus major pairs as the dovish tone from the Fed’s latest monetary policy…
Goldman Now Forecasts a 50 Points Rate Cut by Fed
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month even though economic…
Philly Fed Manufacturing Survey Validates Fed Dovish Turn
The Philadelphia Federal Reserve’s manufacturing gauge tumbled this month, bolstering the Fed’s case for easier monetary policy. The Philadelphia Fed’s…
Trade War Deal More Important than Fed Cut
Art Hogan is more worried about the U.S.-China trade war than whether the Federal Reserve will cut interest rates. Hogan,…
US Unemployment Claims Show Evidence of Strong Labor Market
The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to underlying market strength…
US-China Talks to Resume but Asian Giant Want to Deal as Equals
Top Chinese and U.S. officials will resume trade talks in accordance with the wishes of their leaders, but China hopes…
US Stocks Hit Record High on Fed Rate Cut Signals
The S&P 500 index hit a record high on Thursday, after the Federal Reserve indicated that it could cut interest…
Crude Surges After Iran Shoots Downs US Drone
Oil rose more than 3% toward $64 a barrel on Thursday after Iran shot down a U.S. military drone, raising…
USD/CAD Canadian Dollar Higher After Trump Xi Possible G20 Meeting Tweet
The Canadian dollar rose 0.23 percent on Tuesday. US President Donald Trump unlocked risk appetite this morning by tweeting that…
Crude Lower as Disruptions Raise Doubts on OPEC+ Extension
Oil prices fell on Thursday despite news of supply disruptions in European imports of Russian crude. Contamination concerns shutdown the…