<p>The USDCHF is lower on the week after reaching the highest level going back to May 2024 on Monday.
<p>The US Presidential inauguration will take place on Monday (as will the Martin Luther King Jr. holiday). Ahead of that event in transition to the 2nd term, Pres electr Trump talked to China's Xi. Here is what he said about that call:</p><p>....and he's off.
<p>Sector Overview</p><p>Today, the U.S. stock market showcases a remarkable resurgence in the technology sector, juxtaposed against a noticeable pullback in healthcare.
<p>More from China's Xi:</p><ul><li>There are inevitable differences between China and US, the key is to respect each other's core interests and major concerns, and find proper ways to resolve issues .</li><li>China a US shares broad common interests
<p>The US Supreme Court rules against TikToks challenge to law that would force a sale or ban the app in United States.</p><p>Does TikTok get banned on Sunday. The Biden Administration said they would not let it go black on Sunday (i.e. enforce the law).
<p>TradeCompass: January 17, 2025Financial Instrument: Japanese Yen FuturesPrice at the Time of Analysis: 0.006457</p><p>Bullish Case</p><ul><li>Bullish Above: 0.00647</li><li>Why Bullish Above: This level is above today's VWAP and Point of Con
<p>Pres. elect Trump in an interview on CNN said:</p><ul><li> it is ultimately up to me</li></ul><p>He did not specify what he wants to do, but he has said/implied he wants TikTok to be Amerian owned and operated within the United States..
<p>The USDCAD moved higher in the North American session and in doing so, stretched to the high of a "Red Box": that has confined the pair going back to mid-December (see chart below). That level comes in at 1.44666.
<p>The BOC has released a review of exceptional policy actions taken during the pandemic and what it has learned for the futureThey concluded:</p><ul><li>In the future, it could be clearer about limited circumstances under which it would conduct large-scale asset purchases