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img-2 USD/CAD Tests Resistance as Tariff Friction Widens Divergence The USD/CAD trade hinges on two catalysts: first, the tariff negotiation timeline between the US and Canada, which has no set resolution date and shows signs of prolonging beyond consensus expectations; second, the divergence between Fed rate expectations and BoC easing.
...shifting sentiment and supply has proven to be enough via the Hormuz Strait and other global oil production and logistical operations to cause a rather steep reduction in WTI Crude Oil prices the past few days.
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US Q2 GDP Slows to 1.5% as Core PCE Inflation Persists Through Summer

Alongside the GDP report, the Core PCE Price Index, considered the Federal Reserve’s preferred inflation indicator, was unchanged in July at 3.3% year-on-year and matched the market estimate.
img-4 Forex Today: Oil Plunges on Hormuz Reopening Hopes crown Oil remains under pressure as Hormuz developments reshape sentiment, while Australian inflation and upcoming US data keep forex, gold and crypto markets in focus.
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AUD/USD Signal: Gains Attention as Inflation and US Data Shape the Market

AUD/USD maintains a constructive structure as markets assess Australian inflation, US PCE data and key technical levels around the currency pair.
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Free Forex Trading Signals & Analysis Get the latest Forex news and analysis

At DailyForex, we’re out to prove that free Forex signals can be just as trustworthy as expensive signal subscriptions. Our reliable Forex signals will provide you with expert advice about when to buy and sell the major currency pairs without costing you a penny.

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Adam Lemon

Adam joined Daily Forex as Chief Analyst in 2013, with over a decade of experience in the global financial markets, including six years as an Assistant Vice President at Merrill Lynch

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