The American dollar index gains land about 97.80 during Friday’s Asian session. Trump announced on Thursday a 35% tariff on Canadian imports, as of August 1. Initial unemployment requests in the US fell to 227K last week, a minimum of seven weeks. The US dollar index (DXY), an index of the value of the US […]
Joshua
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
NZD/USD loses impulse about 0.6000 amid concerns about tariff wars
The NZD/USD goes back around 0.6015 in the first Asian session on Friday. Initial applications for unemployment subsidy in the US unexpectedly fell to a minimum of seven weeks last week. An aggressive tariff policy and the continuous commercial restlessness undermine the New Zealand dollar. The NZD/USD loses land about 0.6015, breaking a three -day […]
The PBOC sets the reference type of the USD/CNY in 7,1475 compared to 7,1510 above
On Friday, the Popular Bank of China (PBOC) established the USD/CNY central rate for the negotiation session in 7,1475 compared to the FIX of the previous day of 7,1510 and the estimate of 7,1771 of Reuters. PBOC – Frequently Questions What does the Popular Bank of China do? The main monetary policy objectives of the […]
US president Donald Trump will impose a 35% tariff to the assets of Canada – Reuters
The president of the United States, Donald Trump, announced on Thursday a tariff rate of 35% for the imported goods of Canada, as of August 1, according to Reuters. Trump also declared that the European Union (EU) would receive a letter notifying them about the new tariff rates “today or tomorrow.” Market reaction The Canadian […]
The WTI falls below $ 66.00 in the middle of the continuous commercial restlessness
The WTI price collapses to about $ 65.75 at the early session on Friday in Asia. Concerns for excess supply, the huge inventory of crude oil in the US and tariff threats weigh on the price of WTI. The growing geopolitical tensions in the Middle East could help limit oil price losses. The West Texas […]
Fed: The mandate is in employment and prices – Austan Goolsbee
The president of the Bank of the Federal Reserve of Chicago, Austan Goolsbee, said Thursday night that he does not understand the arguments that the US Central Bank should cut the rates to make the government debt cheaper, the mandate is in employment and prices. Outstanding comments Before the liberation day tariffs of April 2, […]
USD/CAD weakens about 1,3650 waiting for Canada’s employment data
The USD/CAD lowers around 1,3655 in the first Asian session on Friday. The Minutes of the FOMC meeting published on Wednesday showed limited support for a rate cut as soon as this month. The employment data of Canada in June will be at the center of attention later on Friday. The USD/CAD pair descends to […]
GBP/USD continues in motion while cable traders expect a reason to act
The GBP/USD toured family territory on Thursday, advancing about 1,3600. Market pressures have cooled in the middle of the week after tariffs affect the feeling. The data calendar remains a warm issue during the rest of the week of operations. The GBP/USD moved graphics in family territory during Thursday, touring the same block of intra […]
The S&P 500 New Historical Maxi
The S&P 500 stock index advances 0.29% in the day, establishing new historical maximums in 6,287. The titles of United Airlines Holdings (UAL) shoot 14.33% today, reaching maximums not seen since March 3 at $ 93.72. The shares of Delta Air Lines (DAL) rebound 11.99% daily, reaching maximum of March 3 at 57.82 $. Weekly […]
EUR/USD falls to the solid US employment data; The Fed daly leans towards a moderate posture
EUR/USD collapses below 1,1700 while initial unemployment applications in the US exceeds forecasts. Fed minutes show an internal division, with most cautious members on feat cuts. Trump’s tariffs to Brazil cause threats of reprisals from President Lula. The EUR/USD slides during the North American session, lowering more than 0.23%, while market participants digest an employment […]
