We are going to keep an eye on the Canadian Dollar today. The Bank of Canada’s governor is giving a speech today [...]
Watching Canadian Dollar
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Japanese data disappoints
Manufacturer’s forecast orders will fall by over 5% in the second quarter, against expectations of a 0.5% rise by most analysts. This suggests that the Japanese manufacturing downturn is ongoing. The corporate goods price index fell by 5.4% against expected...
Why BHP Will Be the First Victim of China’s Economic Collapse
By MoneyMorning.com.au “Land sales slowed sharply in China last year, according to a series of industry reports that highlight the...
Soaring yields giving USD/JPY fresh boost into the weekend
With the short-end of the US yield curve anticipating rates hikes as early as September, short-term rates have backed up in breathtaking fashion today. 2-year notes are 36 bp higher in yield, an astounding move in a maturity that short. A move that large has awakened USD/JPY, sending the pair...
Free Forex Charting
Recently we had service issues with one of our partner charting providers which left subscribers in the lurch without access to their charting services for two days. If any of you are married to your charting platform, you know what I’m talking about – it’s tough to adjust to anything else...
Oil price surge threatens forex reserves
By By our correspondent KARACHI: The surge in the crude oil price threatens to drain foreign reserves of the country, which will result in more loans being ... See all stories on this...