The US employment data for the month of March came in less than expectations at 175K vs 243K estimate. The prior month was revised higher
Category: Resources
BoA on the FOMC meeting – more clarity on inflation is needed, in "want and see" mode
ICYMI from Bank of America on what they expect from the Federal Open Market Committee (FOMC) and Powell afterwards at his press conference: BoA argue
Video: Why the yen is so weak and what’s next
The weakening yen is unpopular in Japan and pressure is mounting on politicians for action but there are no easy answers. I spoke with BNNBloomberg
Spot gold is now up over 1{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}, and in the process is extending back above its 100H MA
Gold prices move above its 100-day moving average Gold price is seeing a push to the upside with the price now up $28.44 or 1.23{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
USD/CAD sticks to modest recovery gains, remains below 1.3700 ahead of US data
USD/CAD rebounds from a two-week low and draws support from a combination of factors. Weaker Oil prices undermine the Loonie and act as a tailwind
European PMIs Paint Mixed Picture, ECB advise a June Cut is Certain
The German DAX recorded its highest monthly increase as investors continue to predict a weaker EU monetary policy. JP Morgan again advised stocks are overcrowded
ECB’s Patsalides says central bank decisions are reliant on data
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and
US Dollar saw red on Friday, secured a weekly gain
DXY Index demonstrates slight losses yet sustains near early November highs. The downward movements may be seen as buyers running out of momentum. Hawkish bets