By ForexTime
Ongoing concerns over China’s economic growth have sent investors rushing toward the dollar with growing bets around US interest rates staying higher for longer su… Read More
By ForexTime
CAD weakens against most G10 currencies month-to-date.
Big week for the USDCAD thanks to BoC rate decision and US inflation data.
Trader’s pricing in a 67% probab… Read More
By ForexTime
The Canadian Dollar is the second-best performer against the US dollar so far in June, gaining 1% thanks to higher oil prices and increased expectations around a BoC rat… Read More
By ForexTime
EURUSD remains a choppy affair
GBPUSD waits for fresh spark
Time for USDJPY to push higher?
USDCAD in breakout mode
Gold approaches resistance
The market mood was mixe… Read More
By ForexTime
Asian stocks crawled higher on Wednesday, following the positive cues from Wall Street overnight after the S&P 500 closed at its highest level in 2023. However, markets rem… Read More
By ForexTime
European shares struggled for direction on Wednesday as investors awaited corporate earnings for fresh directional cues ahead of a busy week for financial markets.
The o… Read More
By ForexTime
Asian shares were under attack on Tuesday, following the negative cues from Wall Street overnight as unexpectedly strong US data revived expectations of the Fed raising r… Read More
By ForexTime
A sense of caution returned to markets on Wednesday as concerns over soaring inflation and slowing economic growth punctured risk sentiment. King dollar drew strength fro… Read More
USD/CAD 4 Hour Price Update
Updated June 03, 2020 05:13 AM GMT (01:13 AM EST)
USD/CAD is down 8 pips (0.06%) since the last 4 hour candle (opening the current 4 hour candle near 1.3503), ma… Read More
See How FXCM’s Live Clients Are Positioned in FX & Equities Here
Talking Points:
The Bank of Canada seemed to have one key point at today’s Bank of Canada announcement… Read More
Data this morning from StatsCanada showed that Canadian wholesale sales increased +1.7% to +C$65.3B in April, the fifth consecutive monthly increase.
Higher sales were recorded in five of s… Read More
Markets
With US markets reopening Thursday, attention will fall first on delayed USD data releases, including ADP and ISM services. My view is the USD will be incredibly sensitive to all lev… Read More
:welcome:
Forex technical analysis: USDCAD back to where it all started yesterday
100 and 200 hour MA stall the tumble
Yesterday the USDCAD raced higher. Oil. Concerns about NAFTA. Tec… Read More
The US dollar has been on the rise against the basket of major currencies since Friday, after US monthly retail sales data reported the biggest increase in consumer spending in a year, pro… Read More