|

Breaking News: Trump says believe Canada will be a part of the NAFTA - Source

An unnamed source out of Washington cites that the US President Trump said that he believes Canada will be a part of the North Atlantic Free Trade Agreement (NAFTA).

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

GBP/USD upside remains capped below 1.3400

GBP/USD trades in positive territory, with the upside capped below 1.3400 in the second half of the day on Friday. The US Dollar remains on the back foot following the weaker-than-expected US Nonfarm Payrolls report, which fades Fed rate hike expectations, and helps the pair stay on track for weekly gains.

EUR/USD stabilizes near 1.1450, looks to post weekly gains

EUR/USD builds on Thursday's gains and trades modestly higher on the day at around 1.1450. The US Dollar struggles to find demand following the disappointing June employment report and helps the pair remain on track to end the week in positive territory.

Gold on track to snap four-week losing streak as USD weakens on easing Fed hike bets

Gold retains its bullish bias for the third straight day and extends its rebound toward $4,200. The precious metal seems poised to register gains for the first time in five weeks as investors reassess the timing of a potential Fed rate hike after the disappointing June employment data.

Crypto Today: Bitcoin, Ethereum, XRP advance amid renewed capital inflows

Bitcoin maintains its upward momentum, holding above the $61,000 mark at the time of writing on Friday. Major altcoins such as Ethereum and Ripple are also posting gains, signaling a modest uptick in market sentiment and renewed risk appetite among investors.

The Iran war failed to trigger a recession. Can the US economy keep defying expectations?

Nearly four months after the start of the Iran war, the US economy remains remarkably resilient. While the conflict initially triggered a severe disruption to global energy markets and a sharp rise in Oil prices, recent diplomatic progress between Washington and Tehran has eased concerns about a prolonged supply shock.

Kevin Warsh offers no policy clues: Why markets still got their answer

Financial markets came to Sintra looking for clues about the Federal Reserve's (Fed) next move. They largely left with confirmation that Fed Chair Kevin Warsh intends to make those clues much harder to find.