Canadian Dollar Outlook: BoC Minutes Unable to Propel CAD Ahead of Powell
CAD prices look hesitant despite an aggressive tone shown via the BoC summary of deliberations last night. USD/CAD preps for Fed speak at key resistance level.
CAD prices look hesitant despite an aggressive tone shown via the BoC summary of deliberations last night. USD/CAD preps for Fed speak at key resistance level.
AUD/USD rallied strongly last week, clearing key resistance levels, but the breakout appears to have been a fakeout, as the move has led to a sharp bearish reversal.
US Indices have run into resistance but with a spate of earnings after market close can the rally continue?
Gold continued its struggle today as the $1950 support area beckons. Will the Bearish momentum continue?
In this article, we’ll focus on EUR/USD, USD/MXN and USD/CAD from a technical perspective, taking into account price action dynamics and market sentiment.
GBP prices softened as BoE Governor Bailey hinted at a possible peak in UK interest rates while markets keenly await Fed Chair Jerome Powell and other Fed speakers.
The current risk-on sentiment dominating a range of financial markets is adding to structural Yen weakness, leaving JPY at risk against a range of other currencies.
Oil hits 3-month low on rising inventory levels, global growth concerns and Chinese data that looked good on the surface but upon closer inspection is fraught with challenges
Outlook on FTSE 100, DAX 40 and S&P 500 ahead of speeches by Fed Chair Jerome Powell today and tomorrow.
Euro prices slumped in early European trade after German inflation fell sharply. EUR/USD now looks to Fed Chair Jerome Powell for guidance.