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Forex
Tech stocks skid as Trump’s aggravation with China, Marvell earnings lead to Friday pullback
Trump blasts China supposedly violating trade agreement.MRVL sells off nearly 8% as semiconductors see multiple compression.Germany proposes new 10% tax on US…
USD/CHF Price Forecast: Gains ground near 0.8200
USD/CHF finds cushion near 0.8200, Trump’s tariff uncertainty keeps the pair on the backfoot.Federal Appeals court lifts Trump’s tariff ban temporarily.The US…
Gold recovers some early losses on renewed US-China trade tensions
Gold price recoups some initial losses as trade tensions between the US and China have renewed.US Appeals court lifts the ban on Trump’s tariffs…
CAD steady in quiet trade – Scotiabank
The Canadian Dollar (CAD) is little changed on the session. Broader market sentiment is relatively neutral, with European stocks a little firmer while US…
NZD/USD: Likely to trade between 0.5940 and 0.6000 – UOB Group
New Zealand Dollar (NZD) is likely to trade between 0.5940 and 0.6000. In the longer run, upward momentum has faded; NZD is likely to trade in a range between…
JPY: Tokyo inflation data warns of July BoJ rate hike – ING
Tokyo May inflation data surprised on the upside, ING's FX analyst Chris Turner notes.Risks are clearly skewed to the downside for the USD/JPY"At the 3.6% YoY,…
Silver Price Forecast: XAG/USD is looking for direction above the $32.70 support area
Silver keeps posting lower highs since peaking at $33.70 last weekRecent price action is forming a descending triangle pattern, a bearish sign.XAG/USD: Below…
S&P/TSX 60 Index Elliott Wave technical analysis [Video]
S&P/TSX 60 Elliott Wave technical analysis
Function: Bullish Trend.
Mode: Impulsive.
Structure: Orange Wave 1.
Position: Navy Blue Wave 3.
Direction…
Gold price remains depressed below $3,300; lacks bearish conviction as focus remains on US PCE
Gold price meets with a fresh supply on Friday amid the emergence of some USD dip-buying.Trade tensions, geopolitical risks, and Fed rate cut bets should limit…
Pound Sterling Price News and Forecast: GBP/USD ticks lower amid the emergence of some USD dip-buying
GBP/USD Price Forecast: Trade below 1.3500; bullish bias remains ahead of US PCE data
The GBP/USD pair attracts fresh sellers following the previous day's…