Reports of the death of lumber may have been premature
Lumber prices begin to tick higherIn the past few months, I've seen far too many charts overlaid with lumber trying...
Forex News
Balance of risks skewed to the upside – Danske Bank
According to analysts from Danske Bank, the risks in the USD/CAD pair are tilted to the upside, as they see...
China’s PBOC inject funds on Sunday. Brings the total funds added for the week to the highest since mid-January.
The People's Bank of China added 320 bn yuan into the banking system this week, the largest weekly cash injection...
Banxico to continue its previous hiking pace and raise rates by 25bps next week – Standard Chartered
Next week, the central bank of Mexico (Banxico) will announce its decision on monetary policy. Analysts at Standard Chartered expected...
Limited EUR/USD Bounce Could Follow German Election Results
Fundamental Euro Forecast: NeutralThis weekend’s German Federal Election will likely dominate Euro trading at the start of the week ahead.However,...
Baker Hughes US oil rig count 421 vs 411 prior
Drilling picks upTotal rigs to 521 vs 512Natural gas rigs -1The lack of gas drilling is concerning given where prices...
AUD/USD to decline moderately going forward – Danske Bank
According to analysts from Danske Bank, a weaker global growth outlook and the Federal Reserve tightening are likely to support...
S&P 500, Nasdaq Rally After the Fed; 10 Year Yield to Two-Month-Highs
S&P 500, Nasdaq Talking Points:The morning after the Fed has produced some robust moves in markets, with both stocks and...
EURUSD trades the close support and close resistance range
100 hour MA above. Swing area between 1.16996 to 1.17054 belowThe EURUSD trades the close support and close resistance range.The...
Slowing growth and higher inflation is a negative mix for the pound – MUFG
The GBP/USD pair could accelerate to the downside if the 1.3600 support area is broken, according to analysts at MUFG...
