Monthly Archives: May 2025
The USDCHF currency pair struggles within its established range, failing to maintain momentum on breakouts
Written on May 9, 2025 at 9:46 pm, by anakin
USDCHF trades in a defined range; momentum-driven breakouts above 0.83505 or below 0.8185 may shift bias.
The unemployment rate in Canada rose to 6.9%, exceeding the anticipated 6.8%
Written on May 9, 2025 at 9:40 pm, by anakin
Gold holds above $3,300 as geopolitical tensions rise; US Dollar weakens, affecting major currency pairs.
Increased optimism sees US stock indices expected to rise despite ongoing trade uncertainty and inflation concerns
Written on May 9, 2025 at 9:16 pm, by anakin
US stocks rise as US-China talks near; tech shares mixed, tariffs may impact inflation and small businesses.
In April, actual employment change in Canada exceeded forecasts by 4.9K, reaching 7.4K
Written on May 9, 2025 at 9:10 pm, by anakin
Canada’s job growth exceeded expectations; forex markets react to global trade talks, tensions, and economic data.
Increased production led Diamondback Energy to surpass earnings expectations, reporting $4.54 per share for Q1
Written on May 9, 2025 at 8:40 pm, by anakin
Diamondback Energy beats estimates with strong earnings, production growth, and share repurchases; revises 2025 guidance downward.
Week ahead: Global economic turbulence as Trump sets the tone
Written on May 9, 2025 at 8:39 pm, by euken
As the financial markets brace for another week of uncertainty, President Donald Trump has once again stirred debate with a series of bold moves. His renewed criticism of Federal Reserve Chair Jerome Powell – calling him “Mr. Too Late” and a “fool” – has put monetary policy back in the spotlight, while his direct callContinue Reading
USDCAD rises against resistance; maintaining upward momentum requires breaking and holding key levels.
Written on May 9, 2025 at 8:15 pm, by anakin
Canada adds 7.4K jobs in April; USDCAD eyes breakout above 1.3933 for bullish continuation.
Following Trump’s comments about tariffs, gold rises nearly 1% to surpass $3,335 currently
Written on May 9, 2025 at 8:10 pm, by anakin
Gold rebounds above $3,335 amid uncertainty over US-China trade talks and potential tariff reductions.
Forex market analysis: 9 May 2025
Written on May 9, 2025 at 7:47 pm, by euken
The Japanese stock market index, Nikkei 225, closed at its highest level since 27 March 2025, gaining 1.56% on Friday to end the session at 37,503.33. The move capped a strong week, with the index climbing 1.83% over the shortened holiday stretch and marking four straight weeks of advances. The broader Topix index surged 1.29%Continue Reading
Barkin remarked on the robustness of consumer spending and business investment, despite declines in restaurant spending and job openings
Written on May 9, 2025 at 7:45 pm, by anakin
Consumer spending strong, but DC restaurant sales and job openings dip, hinting at shifting economic trends.