Created on August 23, 2026 NASDAQ 100 The Nasdaq 100 has been negatived for the week as we continue to see a lot of struggles near the 30,000 level. Quite frankly, it’s probably a mix of technical analysis and the fact that traders really have no idea where the economy’s going right now, as so…
With no last-minute deal to avoid new section 338 tariffs, new tariffs have now officially taken effect on another subset of U.S. imports from Canada. As we noted previously, the measures apply a 50% tariff rate on U.S. imports accounting for about 5% of Canadian exports to the United States – adding to existing tariffs…
Moheb Hanna Market Analyst With over 15 years’ experience in the forex markets, on both the research and client relations sides, Moheb specialises in technical, trade-focused market analysis. He has worked at a number of top financial institutions, publishing daily commentary and driving sales for retail and institutional clients. A CMT Charter member, Moheb holds…
On Friday, the US dollar index bounced back from the session lows of about 98.57 to trade at about 98.84 after the latest US data. The DXY trades within a descending channel formation on the 60-minute chart. The dollar currency index continues to trade a few levels below the 100-hour moving average line, despite the…
Created on August 21, 2026 The pound has rallied quite nicely against the Swiss franc during trading on Thursday, bouncing from the crucial 50-day EMA. This looks a lot like a continuation of the overall carry trade. We’re starting to see the carry trade pick up in places like the yen-denominated pairs as well. So,…
US private-sector growth accelerated sharply in August, with PMI Composite Output rising from 54.5 to 56.0, its highest in 52 months. PMI Services Business Activity climbed from 54.6 to 56.8, a 20-month high, becoming main driver of expansion. PMI Manufacturing eased from 53.9 to 53.2, while PMI Manufacturing Output dropped from 53.9 to 51.9, a…
Created on August 21, 2026 Potential signal The Euro has finally broken above the 185 Yen level during the trading session on Thursday, an area that had been pretty obvious resistance, and smashing through there, of course, is a good sign. What I’m looking at here is the carry trade essentially. The carry trade has…
TL;DR: Japan’s data is strengthening and Australia’s is weakening, yet AUD/JPY keeps rising — because the cross is trading on the global yield backdrop and carry differential, not on either country’s local fundamentals. Domestic Data Point Clearly Lower for AUD/JPY AUD/JPY has rebounded strongly even though this week’s data from both sides of the cross…
Dubai based Retail FX and CFDs broker DB Investing has announced the launch of TradersHub, a social trading community now live at tradershub.community, giving clients a shared space for market ideas, verified trade signals, and peer-driven learning alongside their existing trading account. From a trading account to a trading community Most trading platforms are transactional:…
Image used for representational purposes. File | Photo Credit: Reuters The rupee gained 9 paise to 95.65 against the U.S. dollar in early trade on Friday (August 21, 2026), supported by the weakening of the American currency in the overseas markets. Forex traders said for India, a softer dollar is being offset by another challenge…