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Monthly Archives: August 2025

To optimise taxes without breaching the Wash Sale rule, investors often consider tax-loss harvesting strategies

Written on August 5, 2025 at 6:18 pm, by

Avoid Wash Sale pitfalls in IRAs to preserve tax deductions and enhance long-term retirement tax strategies.

The trade balance for the United States was $-60.2B, exceeding predictions of $-61.6B

Written on August 5, 2025 at 6:17 pm, by

US Dollar weakens; EUR/USD and GBP/USD rise. Gold steady; DeFi grows as investors pivot from Bitcoin.

In June, Canada saw its imports rise to $67.6 billion, increasing from $66.66 billion

Written on August 5, 2025 at 5:48 pm, by

Canada’s imports rise, US Dollar weakens, boosting EUR/USD and GBP/USD; Gold dips; crypto interest surges.

In June, Canada reported exports of $61.74 billion, increasing from $60.81 billion previously

Written on August 5, 2025 at 5:47 pm, by

Canada’s exports grow, US Dollar weakens, DeFi sector rises, and Eurozone shows economic resilience and stability.

In June, Canada’s merchandise trade deficit was $5.86 billion, surpassing forecasts of $5.8 billion

Written on August 5, 2025 at 5:17 pm, by

Canada’s trade deficit widened; euro and pound rose on dollar weakness; gold steady; DeFi regains traction.

Investors are currently watching the Bank of England’s policy announcement, causing the Pound’s fluctuations against the Dollar

Written on August 5, 2025 at 5:16 pm, by

Pound Sterling holds steady as markets await Bank of England’s expected rate cut amid policy shift.

Russia is considering Ukraine’s air truce proposal while Trump pressures oil-importing nations for economic impact

Written on August 5, 2025 at 4:57 pm, by

Russia weighs Ukraine truce; Trump pushes oil pressure, warns tariffs; Netanyahu eyes full Gaza occupation.

GBPUSD experienced volatility, reaching session highs and lows, with potential for further movement upwards

Written on August 5, 2025 at 4:56 pm, by

GBPUSD trades in a narrow range; technical support holds, with buyers eyeing key moving average resistance.

According to Scotiabank, the pound remains stable and shows mild outperformance amid trade concerns

Written on August 5, 2025 at 4:47 pm, by

Pound Sterling holds steady amid trade uncertainty; markets focus on potential Bank of England rate cut.

Quiet trading sees EUR consolidating, as PMIs show mixed results across European countries, per Scotiabank

Written on August 5, 2025 at 4:46 pm, by

Eurozone PMI and industrial data bolster euro strength; bullish trend eyes potential rise above 1.16 resistance.

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