USD/CAD Price Stays Bid Ahead of BoC Rate Decision

The bias is bullish despite temporary retreats. The BOC should bring high volatility later today. Read More →

USD/JPY Forecast: Currency Diplomat’s Warning Boosts Yen

Japan’s top currency diplomat issued a warning as the yen dropped to a 10-month low. Read More →

Forex Today: US Dollar jumps, Oil soars and Gold tumbles; Australia GDP next

Share: Important economic events for the day include the release of Australia’s Q2 GDP numbers. Read More →

EUR/JPY battle to regain the 20-day SMA, bears remain resilient

Share: EUR/JPY bears are presenting a battle to the bulls at the 20-day SMA, with Read More →

US equities close on the lows in sluggish day

The headline here sounds more dramatic than it was. US equities opened soft and then Read More →

Gold Price Tumbles to $1,931 as Dollar Regains After RBA

Staying near the 50% retracement level announced an imminent breakdown. The RBA brought high action Read More →

EUR/USD Price Analysis: Euro Hits 3-Month Low Amid Risk-off

Global growth concerns boosted the dollar on Tuesday. Eurozone business activity contracted more rapidly than Read More →

Canada: Deterioration in consumption will likely prevent any further hikes from the BoC – CIBC

Share: The Canadian economy unexpectedly contracted during the second quarter, as indicated by data released Read More →

USD/JPY stages mild recovery amid mixed US NFP, rising US Treasury bond yields

Share: USD/JPY trades nearly flat at 145.46 after dropping to a three-week low of 144.44. Read More →

BofA: Four spots to consider selling US dollar rallies

USDCAD daily Bank of America (BofA) analysts are suggesting that traders consider selling USD rallies, Read More →

US dollar jumps higher as Treasury yields pop. What’s driving it.

It’s unclear what’s happening in the bond market today as US 30-year yields lead the Read More →

USD/CAD Price Analysis: Down Yields Weighing, Eyes on NFP

Falling US Treasury yields this week exerted pressure on the dollar. The Canadian dollar held Read More →

Gold Price Analysis: Weaker Outlook Ahead of US NFP

XAU/USD is bullish despite temporary retreats. The US and the Canadian economic figures should bring Read More →

Pound Sterling eyes downside as recession risks elevated

Share: Pound Sterling prepares for further rally as market mood remains upbeat. UK’s business confidence Read More →

USD/JPY slips below 146.00 on mixed US data, BoJ split policy views

Share: USD/JPY trades at 145.60, down 0.42%, as positive US data fails to lift the Read More →

European equity close: DAX diverges

High risk warning: Foreign exchange trading carries a high level of risk that may not Read More →

Atlanta Fed GDPNow 5.6% vs 5.9% prior

High risk warning: Foreign exchange trading carries a high level of risk that may not Read More →

USD/JPY falls to the lows of the day in volatile month-end trading

High risk warning: Foreign exchange trading carries a high level of risk that may not Read More →

Russia’s Novak says they will be announcing main parameters of OPEC+ deal next week

It’s not entirely clear what Novak is referring to here but he said that Russia Read More →

EIA weekly natural gas inventories +32 bcf vs +25 bcf expected

High risk warning: Foreign exchange trading carries a high level of risk that may not Read More →

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