USD/CHF drops nearly 1% to 0.8000 after briefly hitting a two-week high earlier in the day. Fed Chair Powell struck a cautious balance at Jackson Hole, reinforcing expectations for a September cut. CME FedWatch pricing shows a 90% probability of a 25 bps September cut, up from around 70% earlier in the day. The Swiss Franc (CHF) surges against…
I am Itai Levitan. For years at ForexLive – now InvestingLive.com – I have helped investors and traders with various opinions around earnings and today I was thinking about the upcoming Nvidia earnings. This article is not a forecast on what may happen on Wed night and the Thursday right after the earnings, but it is about if and…
In our previous update from July 31 we anticipated for the SP500 (SPX), based on the Elliott Wave (EW) Principle, that “… now that the $6380-6460 zone has been reached, and since price is the ultimate judge—though timing can sometimes help—the index is in a range where a pullback is more likely to start.” The index reached a high…
Mon: PBoC MLF, UK Summer Bank Holiday, German Ifo (Aug), US National Activity (Jul) Tue: RBA Minutes, Riksbank Minutes, NBH Announcement, US CaseShiller (Jun) Wed: Australian CPI (Jul), Swiss Investor Sentiment (Aug) Thu: ECB Minutes, Swiss GDP (Q2), EZ Sentiment Survey (Aug), US GDP 2nd Estimate (Q2), US PCE (Q2) Fri: Japanese Tokyo CPI (Aug), Japanese Activity Data (Jul),…
United States CFTC Oil NC Net Positions: 120.2K vs 116.7K
A snapshot of the US dollar, it is down versus all the major currencies: EUR -0.81% JPY -0.97% GBP -0.75% CHF -0.83% CAD -0.40% AUD -1.0% NZD -0.81% The market is reacting positively to the Fed chair speech as a tilt toward moving more toward a less restrictive/more balanced monetary policy. He commented that the downside risk to employment…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
Canada is the set to remove retaliatory tariffs on many US products. To apply tariff exemption on many goods under USMCA Standard Tariff (non‑USMCA goods): As of August 1, 2025, the U.S. raised tariffs on Canadian goods not covered under the US-Mexico-Canada Agreement (USMCA) from 25% to 35%. USMCA‑Compliant Goods: The vast majority of Canadian exports—such as nearly all energy…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
The EURUSD has moved higher after Fed Powell signaled a shift/tilt toward easing. As a result, the odds of a September rate cut moved close to 100% and 2 cuts are now priced in between now and the end of the year. Technically, the price spike higher extending above both its 100 and 200-hour moving averages at 1.1692 and…
