tumbles

Share: Bank of Canada raises policy rate by 25 basis points to 4.75%.  Loonie jumps across the board…

USD/CAD ANLAYSIS & TALKING POINTSDebt ceiling passing through Congress the focal point for markets.Crude oil prices hampered by OPEC+ tension.Can the BOC avoid another rate hike?Death cross looms but upside momentum endures. Trade…

EUR/USD ANALYSISGerman Q1 GDP confirms technical recession over the winter period.US GDP, ECB speakers and debt ceiling updates to drive EUR/USD today.Technical indicators do not rule out further downside for the euro. Recommended by…

Share: XAU/USD plunges, shedding 1.68% as rate hikes and soaring bond yields dull gold’s allure. US…

Share: The US dollar is rising sharply on Friday, trimming weekly losses after the release of US economic…

S&P 500, Nasdaq 100, Russell 2000, Dow Jones 30, Fed - Talking PointsThe S&P 500 has eased as the market appears to be listening to the FedA chorus of Fed speakers all sung from the same song sheet overnightThe tightening cycle…

US Dollar soars across the board after NFP. US ISM Service brings in more favourable data. Silver drops by more than 3% on Friday; down 8% from Thursday’s peak. Metals extended the sell-off after the US official…

USD/JPY remained pressured as the 50-DMA crossed beneath the 200-DMA. Bears stepped in and reclaimed 130.00, as they eye 129.00. USD/JPY fell as the North American session progressed and tumbled below the 130.00…