Canada is a set to remove retaliatory tariffs on many US products

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…

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EURUSD runs higher as dollar selling takes control

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…

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Japan CFTC JPY NC Net Positions rose from previous ¥74.2K to ¥77.6K

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Cleveland that Pres. Hammack: I heard from Powell that the Chair is openminded

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 loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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Major European indices close higher on the day

the major European indices are closing higher on the day and higher for the trading week. A snapshot of the gains today show: German DAX, +0.29% France’s CAC +0.40% UK’s FTSE 100 +0.13% Spain’s Ibex +0.61% Italy’s FTSE MIB +0.69%. The FTSE closed at a new record level. Italy’s FTSE MIB and Spain’s Ibex closed at 17 – 18…

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