Canadian Consumers perceive higher inflation ~ Bank of Canada

OTTAWA — A sizable segment of the Canadian population believe inflation is higher than the actual measured rate, and that is partly attributed to a run up in housing prices in major Canadian cities, a senior Bank of Canada official said. Lawrence Schembri, a deputy governor at the central bank, said the central bank must […]

AUD Rising while most Asian Currencies Weaken After FOMC Minutes

AUD/USD is likely to continue rallying from near 0.7200 currently to 0.7800 over the next year, CBA says. The pair is already around its highest levels since early 2019. The risk over the medium term is higher commodity prices as China ramps up commodity-heavy infrastructure spending, with iron-ore prices likely to remain above US$100/ton for the […]

The Mobile App Robinhood Is Shaking Up the Stocks Trading Industry

As millions of new traders sign up for the investment app Robinhood, the company is facing scrutiny for enabling some inexperienced users to make risky bets. WSJ spoke with a financial education professional and two Robinhood traders about how the app is shaking up the brokerage industry. Robinhood’s claim to fame is that they do […]

Canadian Factory Sales Climb By Record 20.7% in June – Statistics Canada

OTTAWA–Canadian manufacturing sales surged in June, posting a record performance, as factories revved up production following a pandemic-induced plunge. Still, shipments remain well below pre-pandemic levels, and the outlook is clouded by a slowdown in the U.S.–Canada’s biggest export market–as some jurisdictions grapple with a rise in confirmed cases of Covid-19. Manufacturing sales rose 20.7% […]

Trump tweets delay 2020 US Election, DXY Sinks Below 93.00 sending EUR/USD Above 1.1800

The U.S. dollar kept sliding with the ICE U.S. Dollar Index falling 0.3% to 92.96. Apart from the record shrinking GDP readings, President Donald Trump’s tweet on delaying the November presidential election helped to beat down the greenback. U.S. official data showed that gross domestic product (GDP) shrank at an annualized rate of 32.9% in […]

USD/CAD Trade Signal Buy (FXStreet Market Impact) pero naka SELL ako

Maraming gustong mag Trade ng Forex dito sa Pilipinas, yun nga lang kulang po tayo sa kaalaman kung paano ito gawin. Kung kaya sinikap ko talaga gumawa ng paraan na matutunan ko ito sa abot ng aking makakaya. Marami po kasing mga Training na available online kagaya ng Youtube at syempre mga educational websites na […]