Author: FX
U.S. markets have likely hit a bottom – analyst Source link
In her speech, Sarah Breeden, the Bank of England’s Deputy Governor for Financial Stability, assesses the current state of the global financial system against a backdrop of significant geopolitical and economic shocks. She begins by acknowledging that while the system has shown remarkable resilience over the last six years, weathering a pandemic, wars, and energy crises, history teaches that financial stability is often undermined when optimism overrides caution. She credits much of this current stability to the structural reforms implemented after the 2008 global financial crisis, particularly the increased capital and liquidity held by banks. However, she cautions that risk…
Rabobank strategist Molly Schwartz highlights that the US Dollar (USD) was the third best-performing G10 currency, but the Canadian Dollar (CAD) outpaced it, pushing USD/CAD down to 1.37, reflecting relative CAD strength on the day. She also cites comments from Trade Minister Dominic LeBlanc on resolving trade issues, including disputes over Canada’s supply-managed dairy sector, ahead of the USMCA review and upcoming talks in Mexico City.CAD leads G10 as pair slips”Higher oil prices yesterday supported higher US Treasury yields, with a slight steepening bias, with the 2 year closing up 1.2bp and the 10 year up 2.2bp.””USD was the third…
On possible release of more emergency oil reserves, “we are not there yet”However, it is definitely under considerationWe should prepare ourselves for volatile markets for some timeIf Strait of Hormuz is not reopened, we must prepare for significantly higher energy pricesWe estimate it will take approximately two years for overall oil production to reach pre-war levels againThe push for use of electric vehicles will increase faster than previously anticipatedIt looks like Japan will have to act in an isolated manner to push for their next round of emergency oil reserves release. With prices looking much calmer in the past week…
From its all‑time high on October 29, 2025 at $212.19, Nvidia (NVDA) began a pullback to correct the cycle that started from the April 2025 low. The decline reached $164.27, where the stock completed the correction and turned higher with improving momentum. The advance from the March 30, 2026 low is developing as a five‑wave impulsive structure, and this supports the view that NVDA is preparing for a new record high. Wave 1 ended at $177.37. Wave 2 then pulled back and finished at $170.23, as shown on the 30‑minute chart.The stock has since progressed into wave 3, which subdivides…
The SEC eliminated the $25,000 Pattern Day Trader rule and replaced it with intraday margin standards. Learn what changed, who benefits, and what risks remain for retail traders. Source link
USD/CAD just broke through a key support zone! How much further can it fall before buyers step in for a more sustained bounce? Source link
OpenAI (OPENAI) has agreed to pay chip designer Cerebras (CBRS) more than $20B to use servers powered by the firm’s chips over the next three years, The Information reported. As part of the agreement, OpenAI will receive warrants for a minority portion of Cerebras’ shares, and Source link
AUD/CAD recently busted through the ceiling around the .9750 minor psychological mark but seems to be stalling on its rally. Can a pullback gather more bullish energy? Source link
With oil above $100 and tax cuts in place, Canada’s CPI tests inflation spread. Will it shift BOC policy and CAD direction? Source link