The Euro (EUR) is trading somewhat defensively into Wednesday’s NA session, ignoring the release of stronger than expected data with a modest surprise to euro area confidence figures and the Q2 GDP print, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. The EUR trend is bearish”The EUR has…
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See AllGold appears to have entered a consolidation phase following a period of heavy selling. With CTAs now skewed toward buying, ETF outflows reversing, and macro funds still short, the market setup favors a renewed uptrend in the near term, TDS’ Senior Commodity Strategist Daniel Ghali notes. Selling exhaustion signals upside risk in Gold”What happens after selling exhaustion in Gold? For the first time in months, CTAs are now extremely skewed towards buying. Range-bound trading activity…
President Donald Trump on Wednesday touted the latest gross domestic product (GDP) data that showed a…
EUR/USD trades near 1.1475, its lowest level since June 23, marking a fifth straight daily…

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View MoreUnited Airlines and JetBlue’s partnership, known as “Blue Sky,” has been cleared for takeoff following a review by the U.S. Department of Transportation (USDOT). “Blue Sky is a new and unique collaboration designed to give customers of both airlines even more options to find flights that fit their plans as…
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