Forex

Is it too late for a TACO trade on USD/CAD?

USDCAD jumped nearly 900 pips on Monday after President Donald Trump announced he is “terminating” trade negotiations with Canada....

Can PCE data rescue the dollar? JPY, EUR, GBP setups in play

The latest U.S. PCE report is set for release at 8:30am EDT, with both headline and core inflation expected at 0.1% month-on-month....

USD under pressure ahead of PCE—gold holds $3,300

The euro has reached its highest level since October 2021, driven in part by commitments from European leaders to increase NATO defence spending....

Fed speak – Not broken, not cutting

“Don’t fix what isn’t broken” seems to be the Fed’s current stance. Two Fed officials made that clear over the last 24 hours....

Is the oil market signalling de-escalation?

After an initial 6% spike at the open, U.S. crude oil futures reversed sharply—falling into negative territory—as markets priced in the possibility that Iran's latest retaliation may be more symbolic than escalatory....

Oil panic buying after Iran Strikes?

President Donald Trump has confirmed that the U.S., in coordination with Israel, has conducted three strikes on Iranian nuclear facilities....

Strait of Hormuz risk priced in—or not yet?

Technically, recent WTI candles suggest that the risk premium may be fading. Price action near $74 shows hesitation, raising the risk of a developing double top—particularly if support at $70 fails....

Goldman and BofA agree: The dollar is losing its edge

Goldman Sachs now expects the EUR/USD to hit 1.20 by the end of the year. While this prediction draws comparisons to the 2017 rally in the pair, Goldman notes a key difference....

Markets rally as missiles fly | How long can risk be ignored?

Despite continued fighting—including high-impact strikes and rising casualties—global equities moved higher to start the week....
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