Author: FX
The United States (US) will impose new tariffs of between 10% and 12.5% on imports from most major trading partners, its biggest move yet to reconstruct US President Donald Trump’s tariff wall that was pierced by the Supreme Court, Bloomberg reported on Thursday. The duties target key economic partners, including the United Kingdom (UK), China, the European Union (EU), Canada, Japan and India. They come in on Friday, as a temporary 10% levies on foreign goods introduced earlier this year expires.The fresh measures follow an investigation into the alleged failure of around 60 economies to prevent forced labor in their supply…
USD/CHF breached the upper Bollinger Band near recent highs. Could this signal trend continuation, a bearish reversal, or a short-term bull trap? Source link
Escalating fighting between the United States and Iran pushed crude oil sharply higher on Thursday, driving Treasury yields to fresh highs for the year and weighing on both stocks and gold. Renewed doubts about whether heavy artificial-intelligence spending will pay off deepened the equity selloff, while the U.S. dollar firmed as traders sought shelter. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: Australia Employment Change for June 2026: 76.3k (15.6k forecast; 40.3k previous) Australia Unemployment Rate for June 2026: 4.4% (4.4% forecast; 4.4% previous) U.K. CBI Business Optimism…
OIL – Opec+’s slow unwind continues even as a second chokepoint closes !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
AUD/USD trades lower near the 0.6970 area on Thursday, giving back earlier gains as the US Dollar (USD) strengthens on the back of upbeat United States (US) labor market data and continued hostilities between the US and Iran.US Initial Jobless Claims fell to 187K in the week ending July 18, well below the 212K market forecast and the previous revised 209K. The stronger-than-expected reading reinforced the view that the US labor market remains resilient, supporting US Treasury yields and the Greenback.Risk sentiment also turned more cautious after US President Donald Trump said he was “considering a massive attack greater than…
Earnings Call Insights: Live Oak Bancshares (LOB) Q2 2026 Management View “Our strategy to create more sustainable earnings momentum here at Live Oak continues to work,” said William C. (BJ) Losch III (President), citing “reported EPS of $0.74,” “$1.5 billion of loan originations across 33 industries,” and that “our broaderSeeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article…
Pres. Trump: Considering a massive attack greater than anything before. !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
The ECB decided to keep its three key policy rates unchanged at the July meeting, as expected, with the deposit rate at 2.25%. Lagarde said that the economic outlook was back to the baseline from the June meeting, following recent developments in energy prices. The risk assessment is also back to where it was in June, compared with the Sintra conference, where she said that risks were “more balanced”. Download the Full Report! Source link
Sona Comstar Q1 FY27 slides: BEV revenue surges, robotics pivot unveiled Source link
The technical chart is definitely looking ominous now as a firm break above $90 could easily light up the path towards $100 next. With the US continuing to launch strikes at Iran, we’re also seeing Iran step up attacks across the region and not just at US bases in the Gulf. The sporadic and spread out nature of Iran’s attacks mean that nothing is really safe in the region and they are also still keeping the Strait of Hormuz in de facto closure.To make matters worse now, there is the potential for shipping disruptions in the Red Sea too. That…