USD/CAD Forecast: 2 Reasons Canadian Dollar Is Crashing
Feb 03, 2025
Jeremy Parkinson
Finance
Photo by Michelle Spollen on Unsplash The USD/CAD pair has soared to its highest level in years. Donald Trump will levy a 25% tariff on Canadian goods this week. There is a risk that the Canadian economy will sink into a recession. The USD/CAD exchange rate surged to a high of 1.4792 on Monday, its highest level […]
FX Daily: Tariffs – Ready, Fire, Aim
Feb 03, 2025
Jeremy Parkinson
Finance
Image Source: Pexels The Trump administration has surprised FX markets by imposing large tariffs earlier than expected. The dollar has strengthened sharply on the back of lower global growth expectations and potentially less room for the Fed to cut rates. Expect heightened volatility and more headline-driven moves as investors await the next update from Washington. USD: Trump […]
Unlocking ASX Trading Success: ASX:URW
Feb 03, 2025
Jeremy Parkinson
Finance
Today’s Elliott Wave analysis presents an updated outlook on the Australian Stock Exchange (ASX) for Unibail-Rodamco-Westfield (URW).We anticipate upside potential for ASX: URW in the near term. The short-term outlook focuses on awaiting a pullback with the second wave, which will provide an opportunity to identify high-quality long trade setups. This analysis outlines when to stay on the sidelines and when to […]
Market Briefing For Monday, Feb. 3, 2025
Feb 03, 2025
Jeremy Parkinson
Finance
An ‘absence of bids’ followed The White House affirmation tariffs planned still, to be implemented; and now they say on Saturday, or Tuesday. Traders scampered to the sidelines; unwilling to support prices, irrespective of being month-end. It’s simple to say: Friday went up; wanted to go up; paused; tried for an afternoon resumption higher; then POTUS became a spoiler. […]
Mapped: The Top Import Partner Of Every U.S. State
Feb 03, 2025
Jeremy Parkinson
Finance
The Trump administration is imposing a 25% tariff on imports from Mexico and Canada, along with a 10% tariff on imports from China.The U.S. President says he wants strong action to halt the flow of the opioid fentanyl and its precursor chemicals into the U.S. from China via Mexico and Canada, as well as to […]
Excessive Belt-Tightening Risks Choking U.S. Economy
Context News
Feb 03, 2025
Jeremy Parkinson
Finance
Image Source: Pexels The U.S. Constitution gives Congress the power of the purse, but President Donald Trump interprets the foundational document differently. His acting budget chief issued a two-page memo, citing “wokeness” and “Marxist equity” as if they were spending line-items, that freezes what the agency says is $3 trillion in federal grants and loans. Even if only temporary, […]
He’s Back: Investors Duck For Cover, Donning Trade War Helmets
Feb 02, 2025
Jeremy Parkinson
Finance
Photo by Markus Winkler from Pexels MARKETSAsia kicks off what promises to be a wildly volatile trading day on Monday as markets absorb the full impact of President Donald Trump’s tariff blitz on Mexico, Canada, and China. This wasn’t a shock—it’s been telegraphed for weeks—but investors will still feel the jolt as markets adjust to […]
Canada/U.S. Free Trade, R.I.P.
Feb 02, 2025
Jeremy Parkinson
Finance
Image Source: Unsplash Trump has declared economic war on Canada, and has done so in a fashion that Canadians can no longer take the premise of “free trade” seriously. The tariffs have not yet come into effect, and there is an easy off ramp for the Canadian tariffs — the Canadian/U.S. border fentanyl trade is nearly […]
Elliott Wave Trading Strategies: Top Market Analysis For SP500, Nasdaq & Tech Stocks
Feb 02, 2025
Jeremy Parkinson
Finance, No picture
Market Summary & Key Trends Bitcoin & Indices: Expect further downside in Bitcoin and a continuation of wave (i) of c) of 2. Stock Trends: Amazon (AMZN) & Meta (META): Trends remain healthy. Apple (AAPL): Potential setup for a long trade into Wave 3. Alphabet (GOOGL): A triggered long trade. Tesla (TSLA), Nvidia (NVDA), Microsoft […]
Smart Macro: Roaring Bull Market In Gold, Near-Term Caution On Stocks
Feb 02, 2025
Jeremy Parkinson
Finance
Image source: Pixabay Did you know that gold is up and hitting new all-time highs against nearly every world currency? Chris Puplava, CIO of Financial Sense Wealth Management, delves into the causes of recent market volatility, from the tech…Running Length: 00:17:45More By This Author:Why DeepSeek Tanked U.S. Tech Stocks Big Picture: Investing In A Trump Economy […]