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Canadian Dollar Forecast: USD/CAD Eyes Major BoC, US CPI Risks
Article By: DailyFX
Tuesday, July 12, 2022 7:28 AM EDT
From a technical perspective, the path of least resistance is higher USD/CAD, with no alternatives to the USD currently.
In this article: FXC, UUP
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Euro Tests Parity
Article By: Marc Chandler
Tuesday, July 12, 2022 7:16 AM EDT
News that German investors’ confidence is plunging spurred euro sales that pushed the euro to parity for the first time since December 2002.
In this article: FXE, FXB, FXC, FXF, FXY, GLD, IEF, OIL, UUP
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Gold Forecast: Threatening The Downside
Article By: Christopher Lewis
Tuesday, July 12, 2022 7:00 AM EDT
The gold markets fell a bit on Monday as we continue to hang about the $1740 level.
In this article: GLD
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British Pound Latest – GBP/USD Bludgeoned By A Rampant US Dollar
Article By: Nick Cawley
Tuesday, July 12, 2022 6:45 AM EDT
GBP/USD is suffering from GBP weakness along with US dollar strength, with the British Pound under pressure from ongoing economic and political woes.
In this article: FXB, UUP
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Tuesday Talk: Market Mash-Up
Article By: TalkMarkets DailyTalk
Tuesday, July 12, 2022 6:40 AM EDT
After a relatively robust week, markets started this one with a stumble. Q2 financial sector earnings, US CPI numbers and Dollar/Euro parity are all topics to give investors pause.
In this article: PT, C, JPM, CRPT, DAPP, BITQ, IBLC, DAM Also: TSLA
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Warren Buffett Stocks: Paramount Global
Article By: SureDividend
Tuesday, July 12, 2022 6:30 AM EDT
As of March 31, 2022, Buffett’s Berkshire Hathaway owned just over 68.9 million shares of Paramount Global for a total market value exceeding $1.67 million.
In this article: PARA Also: BRK-B
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Daily Stock Analysis: British American Tobacco P.L.C.
Article By: Fredrik Arnold
Tuesday, July 12, 2022 6:15 AM EDT
British American Tobacco P.L.C. shows a possible 30.9% net gain including a 7.37% forward-looking dividend yield.
In this article: BTI
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PepsiCo: Expected To Rise Towards Its Resistance Level At Around $175
Article By: AAATrade
Tuesday, July 12, 2022 6:00 AM EDT
PepsiCo Inc. is announcing its quarterly earnings and if the market’s anticipation is positive, then we could expect its price to rise towards its resistance level at around $175.
In this article: PEP
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Rates Spark: More US-Europe Divergence
Article By: ING Economics
Tuesday, July 12, 2022 5:45 AM EDT
The looming energy crisis in Europe is grabbing investors’ attention but markets cannot dismiss a hawkish Fed. The ingredients are in place for a further widening of USD-EUR rates differentials, even in the long end due to falling inflation swaps.
In this article: FXE, UUP
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The Euro Reached Parity With The Dollar
Article By: JustMarkets
Tuesday, July 12, 2022 5:33 AM EDT
The euro fell to a 20-year low and came close to parity with the dollar.
In this article: FXE, OIL, UCO, UUP, NDX, SPX, DJI, DAX
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Elliott Wave Analysis: MATIC Hits Key Support
Article By: Gregor Horvat
Tuesday, July 12, 2022 5:18 AM EDT
MATICUSD looks corrective within uptrend and it's trading at key support for wave 4.
In this article: MATIC-X
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Gold Prices Approach Potential Support As U.S. Dollar Surges Ahead Of U.S. CPI
Article By: DailyFX
Tuesday, July 12, 2022 5:06 AM EDT
Gold prices fell to the lowest level since September 2021 this morning, although prices have recovered intra-day losses and are slightly higher through Asia-Pacific trading.
In this article: GLD, UUP
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U.S.-China Trade Rebounds As China Eases Its Zero-COVID Policy Lockdowns
Article By: Ironman
Tuesday, July 12, 2022 4:54 AM EDT
The volume of trade between the U.S. and China rebounded from April 2022's low. The change comes as the Chinese government began lifting some of its latest series of COVID lockdowns during the month.
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Ahead Of CPI Report: Stock Market Crash Update
Video By: Ryan Mallory
Tuesday, July 12, 2022 4:42 AM EDT
The stock market looks vulnerable ahead of the CPI Report and inflation reading on the overall economy.
In this video: QQQ, SPY
Watch
Two Trades To Watch: EUR/GBP, FTSE - Tuesday, July 12
Article By: Fiona Cincotta
Tuesday, July 12, 2022 4:30 AM EDT
EURGBP rises ahead of German ZEW economic sentiment data. FTSE falls as risk sentiment falls.
In this article: FXE, FXB
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Focus On RBNZ, Bank Of Canada Interest Rate Decisions
Article By: Admiral Markets
Tuesday, July 12, 2022 4:18 AM EDT
Canada and New Zealand are set to announce interest rate decisions on Wednesday, July 13th. Both countries and their national currencies, the CAD and NZD, are relatively influential in the world economy.
In this article: FXC
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