Canada Housing Starts Miss Forecasts in July, Signaling Cooling Market
Canada’s seasonally adjusted annual rate of housing starts registered at 229,100 units in July, falling short of the 248,000 units expected by analysts,
Forex News
Forex News
Swiss Franc/Japanese Yen Faces Rejection at 0.618 Arc: Potential Decline Toward 195.80
The Swiss Franc/Japanese Yen (CHF/JPY) currency pair is facing rejection at the 0.618 Fibonacci Arc, a key technical level that has historically acted
Forex News
European Gas Prices: Why LNG Inflows Are the Key Variable, Commerzbank Says
Commerzbank analysts have identified LNG inflows as the decisive factor for European gas prices in the coming months, according to a recent market
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Gold: Higher-Rate Risk to Keep Prices Range-Bound – TD Securities
TD Securities warns that gold prices are likely to remain range-bound in the near term as the risk of higher interest rates persists,
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USD/JPY Price Forecast: Bulls Target 160.00 as Intervention Risks Mount
The US dollar extended its rally against the Japanese yen, with USD/JPY pushing toward the psychologically significant 160.00 level as of [current date],
Forex News
Oil: Hormuz Conflict Keeps Prices Elevated – BNY
Oil prices remain elevated due to ongoing conflict in the Strait of Hormuz, according to BNY, as geopolitical risks continue to disrupt supply
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Qatar: Iran-Oman Bilateral Hormuz Agreement Needed Before US-Iran Talks
Qatar has stated that a bilateral agreement between Iran and Oman regarding the Strait of Hormuz is a necessary precursor to any US-Iran
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US Dollar’s Safe-Haven Status Under Pressure as Debt-Market Strains Mount: Rabobank
The US dollar’s long-held status as the world’s primary safe-haven currency is facing increasing strain from persistent debt-market pressures, according to a recent
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Copper Supply Squeeze Deepens as Market Tightens, ING Warns
Analysts at ING have reported that the global copper market is experiencing a deepening supply squeeze, driven by increasingly tight raw material availability
Forex News
Bitcoin, Ethereum, XRP Dip as US-Iran Tensions Rattle Crypto Markets
Bitcoin, Ethereum, and XRP all traded lower on [Date], as escalating US-Iran tensions prompted a broad risk-off sentiment across global markets, including cryptocurrencies.