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CAD Under Pressure: What Bank of Canada Might Do Today The Bank of Canada’s interest rate decision today is widely anticipated to result in a 25-basis-point cut, with about 80% of market participants pricing in this outcome. This expectation is based on a combination of rising unemployment and a slowdown in inflation, which has put … Read more

Why September Spells Trouble for Stocks September is known among market participants as the most challenging month for US stocks, and historical data spanning nearly a century backs this claim. For the last 96 years, the S&P 500 has consistently underperformed during September, a pattern that’s been especially evident over the past decade in the … Read more

Dollar/Yen: Extended Downside, But for How Long? The extended downside in Dollar/Yen has traders asking: Will strong U.S. jobs data reverse the trend? Key levels are in focus as we approach a critical week. Dollar/Yen has experienced a significant sell-off, pushing the pair to levels that are increasingly capturing market attention. This extended downside has … Read more

Dollar/CAD: Ready for a Rebound? Jerome Powell’s recent signals have traders speculating on a potential rebound in Dollar/CAD. Is the market poised for a shift? Dollar/CAD has been under considerable pressure lately, with the pair reflecting broader trends in U.S. dollar weakness. However, this week brings a series of crucial U.S. labor data releases, including … Read more

Oil Markets: OPEC’s Next Move Oil markets are under renewed pressure this morning following reports that OPEC+ plans to gradually increase production starting in October. This strategic decision, coupled with weaker-than-expected economic data out of China, has exerted downward pressure on oil prices, leading to concerns about the near-term outlook for the energy sector. As … Read more

Swiss Franc: Potential Catalyst Ahead Tomorrow’s Swiss CPI data release is shaping up to be a crucial event for currency traders, especially those focused on the Swiss franc. With market expectations leaning towards a softer inflation print, the data could have significant implications for the Swiss National Bank’s (SNB) upcoming rate decision at the end … Read more

Labor Market in Focus: Key Data Ahead As we embark on a critical week for financial markets, the focus is squarely on the US labor market. The Federal Reserve’s recent shift in emphasis from inflation control to employment stability has elevated the importance of this week’s job data. Starting with JOLTS job openings on Wednesday, … Read more

Federal Reserve’s Dual Mandate: Focus on Employment In the realm of technical analysis, certain patterns can provide traders with early signals of potential market reversals or continuations. One such pattern that has recently emerged in the S&P 500 is the bullish piercing line, a formation that has garnered significant attention following Nvidia’s earnings report. This … Read more

Federal Reserve’s Dual Mandate: Focus on Employment The Federal Reserve’s dual mandate of promoting maximum employment and maintaining stable prices has long been a balancing act. Traditionally, inflation has been the primary concern, especially in periods where price levels were rising rapidly, threatening the purchasing power of consumers and the broader economic stability. However, in … Read more

Dollar at Support: Waiting for a Dovish Trigger The US dollar finds itself at a pivotal moment, hovering near a critical daily support level that could determine its next move. After a short period of relative strength traders and investors are closely watching for any dovish signals that could push it lower. The dollar’s current … Read more