Monthly Archives: May 2025
According to Reuters, John Williams from the New York Fed emphasised the essential role of price stability
Written on May 9, 2025 at 10:40 pm, by melody
Fed’s Williams remains confident inflation will ease; Fed tools like interest rates and QE influence Dollar strength.
Sellers must retain control by staying below 1.1265–1.1275 for bearish momentum to continue
Written on May 9, 2025 at 10:15 pm, by melody
EURUSD tests broken support as resistance; bearish control persists below 1.1265, targeting 1.1145 on downside.
The participation rate in Canada increased to 65.3%, slightly rising from 65.2% earlier
Written on May 9, 2025 at 10:10 pm, by melody
Canada’s job participation rose; currencies stabilized amid trade talks; gold prices held on geopolitical concerns.
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 melody
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 melody
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 melody
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 melody
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 melody
Diamondback Energy beats estimates with strong earnings, production growth, and share repurchases; revises 2025 guidance downward.
USDCAD rises against resistance; maintaining upward momentum requires breaking and holding key levels.
Written on May 9, 2025 at 8:15 pm, by melody
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 melody
Gold rebounds above $3,335 amid uncertainty over US-China trade talks and potential tariff reductions.
