We can easily reopen the Hormuz Strait

We can easily reopen the Hormuz Strait

United States President Donald Trump is on the wires on Good Friday, claiming on Truth Social that the US can easily reopen the Strait of Hormuz, take the oil, and make a fortune. With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE. IT WOULD BE […]

EUR/USD holds steady despite strong US jobs data

EUR/USD holds steady despite strong US jobs data

EUR/USD trades in a tight range on Friday as a stronger-than-expected US Nonfarm Payrolls (NFP) report lends support to the US Dollar (USD), while the Euro (EUR) holds relatively steady amid thin liquidity conditions due to the Good Friday holiday. At the time of writing, the pair trades around 1.1534, remaining on the back foot […]

USD/CAD edges higher after strong US NFP

USD/CAD edges higher after strong US NFP

The USD/CAD rises some 0.14% on Friday after an outstanding employment report in the US, which nearly tripled economists’ projections, according to the US Bureau of Labor Statistics (BLS). At the time of writing, the pair trades at 1.3936 on thin liquidity trading as most global markets remain shut due to Good Friday. Strong payrolls […]