News
Important Only
Australian Dollar extends losses as US Dollar improves due to risk-off mood
Investing.comJul 19, 2024
Trump accepts GOP nomination in first address since assassination attempt
USD/CAD flat lines around 1.3700, looks to Canadian Retail Sales/Fedspeak for some impetus
Gold price drops to multi-day low amid some follow-through USD buying
FxstreetJul 19, 2024
Fed’s Daly: Economy is not there yet on inflation
Japanese Yen remains muted following the latest inflation data
Other
Trump accepts GOP nomination in first address since assassination attempt
Investing.com-- Republican presidential nominee Donald Trump touted his presidential bid, criticized the Democrats and recounted last week’s shooting at the Republican National Congress in Milwaukee,Investing.com
Jul 19, 2024
Forex
USD/CAD flat lines around 1.3700, looks to Canadian Retail Sales/Fedspeak for some impetus
The USD/CAD pair seesaws between tepid gains/minor losses during the Asian session on Friday and consolidates its recent recovery gains from sub-1.3600 levels, or a three-month low touched last week.Fxstreet
Jul 19, 2024
Economic Indicator
Fed’s Daly: Economy is not there yet on inflation
Federal Reserve Bank of San Francisco President Mary Daly participated in a 'fireside chat' at a conference early Friday, noting that she is looking for more confidence that inflation is moving back to the Fed's 2% target before calling for an interest rate cut.Fxstreet
Jul 19, 2024
Economic Indicator
Japan CPI inflation grows slightly less than expected in June
Investing.com-- Japanese consumer price index inflation grew a touch below expectations in June as consumer spending picked up only slightly, brewing more uncertainty over just when the Bank of JapanInvesting.com
Jul 18, 2024
Stocks
UBS lifts its S&P 500 price target to 5,900, doesn't rule out a move to 6,500
UBS lifted its year-end price target for the S&P 500 to 5,900, citing a supportive environment for U.S. equities.The Swiss investment firm also set a mid-2025 target of 6,200 for the index, reflectingInvesting.com
Jul 18, 2024
