Live Updates

7

Jul 2026
USD/CAD Holds Near 1.4215 as USMCA Non-Renewal Sustains Loonie Softness, Scotiabank Says

USD/CAD consolidates near 1.4215 as trade uncertainty, weak Canada data, and overbought USD keep CAD pressured.

7

Jul 2026
US Composite PMI Miss Fans Volatility Bets, Boosts Rate-Cut Hopes and Defensive Sector Shift

June U.S. Composite PMI slipped to 51.9, missing forecasts, fueling volatility hedges and defensive sector rotations.

7

Jul 2026
US Services PMI Misses Forecast, Signals Cooling Growth and Shifts Markets Towards Defensive Positioning

US services PMI dipped to 51.2, signaling slowing growth; investors may turn defensive, favoring volatility strategies.

7

Jul 2026
Sterling-Yen hits 2008 high as yield gap fuels carry trades, intervention risk lingers

GBP/JPY hits 216.75, highest since 2008, as weak yen fuels carry trades despite intervention risks.

7

Jul 2026
AUD/USD tests 200-day moving average support as iron ore slides and US jobs bolster dollar

AUD/USD tests key 200-day support 0.6870-0.6830; rebound limited near 0.7070 as USD strength persists.

7

Jul 2026
OPEC+ Approves August Quota Rise, Pressuring Brent and WTI and Reinforcing Disinflation Bets

OPEC+ boosts August quotas 188,000 bpd, pressuring crude; Brent near $72; traders favor bearish puts strategies.

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