Minnie

USD/CAD trades sideways near 1.3850 after dipping to a six-month low around 1.3800Trump’s attacks on Fed independence and Powell weigh on USD sentimentTechnical structure stays bearish, resistance seen near 1.3805 and 1.3935 The USD/CAD pair is treading water near the 1.3850 zone on Tuesday, struggl

GBP/USD attracts some buyers to around 1.3350 in Monday’s early Asian session. The UK hopes to strike a deal with Trump after he imposed 10% tariffs on most imports of British goods to the US. Fed's Powell said the US central bank remains in wait-and-see mode. The GBP/USD pair extends its upside to

Commodities Trading Commodities are traded either in the spot market, where the goods are exchanged for money, or in the financial markets, where they are traded mostly for speculative gains. In the financial markets, commodities are usually traded using derivative contracts such as futures, options

On a day in which the US Dollar (USD) sold off across G10, the Canadian Dollar (CAD) advanced by 0.7% yesterday helped in part by the decision of the Bank of Canada to hold off from cutting rates again – the first pause from the BoC since the beginning of the easing cycle in June last year. The OIS

Gold unexpectedly increased strongly in the Asian session this morning, although there has not been any important information or price momentum affecting the precious metal. This is opening up many potential risks for this increase in the precious metal. The current price level of $327x is an

Summary Consumer sentiment continued to deteriorate in early April as households grew increasingly worried about tariff-induced inflation. Lower optimism isn't a positive development for actual spending, but it alone won't drive households into hidin Short and Sour Consumers are growing more and mor

WTI price declines as ongoing US-China trade tensions continue to dampen the demand outlook.The US announced a steep increase in tariffs on Chinese imports, raising the total rate to 145%.OPEC+ plans to boost production by 411,000 bpd in May, heightening fears of a potential supply surplus. West Tex

Not long ago, one of my readers complimented me on offering logical arguments on a variety of topics without resorting to ad hominin attacks. Is calling someone ignorant or stupid an ad hominin attack? I learned long ago that, while often thought of as synonymous, stupidity and ignorance are differe

Price action suggests the rally is pausing; Pound Sterling (GBP) is likely to trade in a range between 1.3040 and 1.3200 vs US Dollar (USD). In the longer run, overbought conditions could lead to a couple of days of range-trading; there is a chance for GBP to test 1.3300 later on, UOB Group's FX ana

Sentiment remains sour due to intensifying tariff talk. Of course, the global ramifications are immense and the selloff is intense. And April 2nd – aka the Liberation Day – when the US is expected to announce its reciprocal tariffs is the next event to watch. It’s hard to be optimistic when we know

Tariffs are yet again dominating market sentiment. European stocks have opened sharply lower after President Trump announced a 25% levy on imports of cars and car parts coming into the US. This news has had an immediate effect on share prices, the US imports 8 million cars a year and untold car part

China Lifecos are already on the bid in Gold. The Shanghai Gold exchange admitted four Chinese Life Insurance companies as members of the exchange, enabling them to purchase Gold as part of a pilot program that could grow the network of Gold buyers and create a massive new buying impulse, TDS' Senio