Canada: Goods spending got a major boost from car sales in Q4 – National Bank of Canada
Canada: Goods spending got a major boost from car sales in Q4 – National Bank of Canada
November's retail sales report was rather disappointing. Not only did good spending stagnate over the month but, as prices rose, this translated into a 0.4% decline in sales volumes, NBC ecnomists report.
Canada
BOC
Growth
Banks
Prices
CTA selling activity to weigh on Copper and Aluminum – TDS
CTA selling activity to weigh on Copper and Aluminum – TDS
CTA selling activity in Copper and Aluminum is likely to weigh on these metals, reflecting the downside asymmetry in algo flows resulting from range-bound price action, TDS' Senior Commodity Strategist Daniel Ghali notes.
Copper
Metals
Banks
The USDCHF tested the 100 hour MA for the 2nd time this week and found willing sellers
The USDCHF tested the 100 hour MA for the 2nd time this week and found willing sellers
The USDCHF 100 hour MA stalled the rally, keeping the seller in play and control. The 0.90507 adn 38.2% at 0.90209 are targets if the price can stay below the 100 hour MA
CHF
USD
Why is KuCoin Soaring? KCS Tops Crypto Gainers with 6% Surge
Why is KuCoin Soaring? KCS Tops Crypto Gainers with 6% Surge
News Discussion Forum
By Finance Magnates
Why is KuCoin Soaring? KCS Tops Crypto Gainers with 6% Surge
Leading the top crypto gainers today (Thursday) is KuCoin Token (KCS), a digital asset linked to the Seychelles-based crypto exchange KuCoin.
The USDCAD remains in its up and down range, but with a modest bullish tilt
The USDCAD remains in its up and down range, but with a modest bullish tilt
The price of the USDCAD is back above the 100/200 hour MAs today between 1.4382 to 1.43899. Stay above is a bullish tilt. Move below is a bearish tilt.
Gold Analysis for Today
Gold Analysis for Today
Bullish above and bearish below . Trade gold at your own risk as the TradeCompass is your guide.
Gold
TradeCompass
OKX Secures MiCA Pre-Authorization to Expand Crypto Services in Europe
OKX Secures MiCA Pre-Authorization to Expand Crypto Services in Europe
News Discussion Forum
By Finance Magnates
OKX Secures MiCA Pre-Authorization to Expand Crypto Services in Europe
OKX announced today that it is the first Virtual Financial Assets (VFA) exchange to secure a MiCA pre-authorization.
OKX
crypto
cryptocurrency
MiCA
malta
Why the Canadian dollar will continue to ignore economic data
Why the Canadian dollar will continue to ignore economic data
Canadian dollar shrugs off retail sales report
AUD/USD oscillates below 0.6300 as investors await more clarity on Trump’s tariff policy
AUD/USD oscillates below 0.6300 as investors await more clarity on Trump’s tariff policy
The AUD/USD pair trades in a narrow range below the immediate resistance of 0.6300 in Thursday’s North American session.
AUDUSD
Fed
RBA
Inflation
DollarIndex
US: Initial Jobless Claims rose to 223K last week
US: Initial Jobless Claims rose to 223K last week
US citizens filing new applications for unemployment insurance rose to 223K for the week ending January 18, as reported by the US Department of Labor (DoL) on Thursday.
Employment
DollarIndex
EconomicIndicator
Canada November retail sales 0.0% vs +0.2% expected
Canada November retail sales 0.0% vs +0.2% expected
Canadian November 2024 retail sales data and the preliminary December numbers
US initial jobless claims 223K vs 220K estimate
US initial jobless claims 223K vs 220K estimate
The initial and continuing claims for the current week
Nasdaq Futures Analysis Today by TradeCompass
Nasdaq Futures Analysis Today by TradeCompass
Bullish Above: 21,928, bearish below 21,880
TradeCompass
Nasdaq
Nasdaq Technical Analysis
Kickstart the FX trading day for Jan 23, w/ a technical look at the 3 major currency pairs
Kickstart the FX trading day for Jan 23, w/ a technical look at the 3 major currency pairs
Kickstart the NA FX trading day with a technical look at the 3 major currency pairs.
EUR/USD: Risking dipping below parity in Q2 and beyond – Rabobank
EUR/USD: Risking dipping below parity in Q2 and beyond – Rabobank
For some years, there has been a discussion about the decline of the Western style liberalism that has dominated the developed world since WWII.
EURUSD
US Elections
Banks
“You Don’t Want to Prop Trade with Someone More Focused on Showing Off Their Lamborghini”
“You Don’t Want to Prop Trade with Someone More Focused on Showing Off Their Lamborghini”
News Discussion Forum
By Finance Magnates
“You Don’t Want to Prop Trade with Someone More Focused on Showing Off Their Lamborghini”
"Prop trading is about more than just profits; it’s about discipline, resilience, and the ability to adapt," says Kathy Lien. Known for her extensive career in forex markets, Lien recently released...
prop trading
US Dollar sees earlier gains evaporate after weekly Jobless Claims hit six-week high
US Dollar sees earlier gains evaporate after weekly Jobless Claims hit six-week high
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, goes nowhere in the US session after some earlier gains this Thursday ahead of some US economic data. Still, there is a long road to recovery, although after a
DollarIndex
Macroeconomics
UnitedStates
SEO
ForexLive European FX news wrap: Currencies muted awaiting US jobless claims, Trump
ForexLive European FX news wrap: Currencies muted awaiting US jobless claims, Trump
Forex news from the European morning session on Jan 23, 2025
Session wrap
Wrap Europe
Nasdaq Technical Analysis – The bulls remain in control
Nasdaq Technical Analysis – The bulls remain in control
The Nasdaq continues to make new highs as market participants eye a new all-time high following the soft US inflation data last week and some tariffs optimism. What’s next?
Nasdaq Technical Analysis
UK January CBI trends total orders -34 vs -35 expected
UK January CBI trends total orders -34 vs -35 expected
Latest data released by CBI - 23 January 2025
Bitget Hits 100 Million Users as Exchange Volumes Surge 400%
Bitget Hits 100 Million Users as Exchange Volumes Surge 400%
News Discussion Forum
By Finance Magnates
Bitget Hits 100 Million Users as Exchange Volumes Surge 400%
Cryptocurrency exchange Bitget has emerged as the second-largest crypto exchange ecosystem globally, following a year that saw its user base expand by 400% to reach 100 million users.
Bitget
crypto exchange
ECB's Escriva: We still have restrictive policy
ECB's Escriva: We still have restrictive policy
Remarks by ECB policymaker, Jose Luis Escriva
S&P 500 Technical Analysis – A new all-time high is within reach
S&P 500 Technical Analysis – A new all-time high is within reach
The S&P 500 is near making a new all-time high as the softer US inflation data last week and some optimism on tariffs gave the market a boost. What’s next?
S&P Futures Technical Analysis
Heads up: Trump set to address world leaders in Davos later today
Heads up: Trump set to address world leaders in Davos later today
This will be his first major showing already on the world stage after his presidential inauguration this week
Politics
Muinmos Names Ex-Salesforce, Google Executives to Advisory Board
Muinmos Names Ex-Salesforce, Google Executives to Advisory Board
News Discussion Forum
By Finance Magnates
Muinmos Names Ex-Salesforce, Google Executives to Advisory Board
. Regulatory technology provider Muinmos announced today (Thursday) the establishment of a four-member Advisory Board, comprised of executives with backgrounds in financial services and technology.
Muinmos
executives
Board
A dovish hike for the BOJ tomorrow?
A dovish hike for the BOJ tomorrow?
What are the punters saying on the BOJ policy decision to start the new year?
USD/CAD wobbles around 1.4400 as investors shift focus to BoC-Fed monetary policy
USD/CAD wobbles around 1.4400 as investors shift focus to BoC-Fed monetary policy
The USD/CAD pair trades in a tight range around 1.4400 in Thursday’s European session.
USDCAD
BOC
Fed
InterestRate
EconomicHealth
Bitwise Files for Dogecoin ETF While Musk’s D.O.G.E Agency Sparks Hype
Bitwise Files for Dogecoin ETF While Musk’s D.O.G.E Agency Sparks Hype
News Discussion Forum
By Finance Magnates
Bitwise Files for Dogecoin ETF While Musk’s D.O.G.E Agency Sparks Hype
Bitwise has filed for a Dogecoin ETF, reflecting rising interest in coins. The filing, titled "Bitwise Dogecoin ETF," was submitted Wednesday.
bitwise
cryptocurrency
crypto
Dogecoin
Etf
elon musk
Russell 2000 Technical Analysis – Tariffs headlines drive the price action
Russell 2000 Technical Analysis – Tariffs headlines drive the price action
The Russell 2000 is trading above a key resistance as we head into the FOMC decision next week. What’s next?
Russell 2000 Technical Analysis
Silver price today: Silver falls, according to FXStreet data
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.
Silver
Commodities
Metals
TRY: Attractive carry despite cutting cycle – ING
TRY: Attractive carry despite cutting cycle – ING
The Central Bank of Turkey (CBT) is scheduled to meet today, the first time since the start of the cutting cycle in December, ING’s FX analyst Frantisek Taborsky notes.
USDTRY
Turkey
Banks
CBRT
ROSTRO Launches Direct Market Access, Creates and Fills MD for F&O Role
ROSTRO Launches Direct Market Access, Creates and Fills MD for F&O Role
News Discussion Forum
By Finance Magnates
ROSTRO Launches Direct Market Access, Creates and Fills MD for F&O Role
ROSTRO Group announced today (Thursday) the appointment of Saul Knapp to the newly created role of Managing Director, Futures and Options.
Rostro
direct market access
Weekly update on interest rate expectations
Weekly update on interest rate expectations
What are the market expectations for interest rates for G8FX
market overview
;