Markets Gradually Moving to a Scenario of Fed Cutting Cumulative 75 bps This Year
Markets Market focus yesterday initially was on the PMI releases. Later sentiment turned sharply risk-off […]
A Bad Day for Tech Stocks
Underwhelming results from Tesla and Alphabet painted the equity markets in the red yesterday. The […]
Yen Advances Despite BoJ Uncertainty, Aussie and Kiwi Struggles Continue
Yen is trading broadly higher in otherwise sluggish Asian session today. The central focus remains […]
BoC to Cut Rates Again, What’s Next?
Bank of Canada to slash rates by 25bps for the second time in a row […]
Market Analysis: GBP/USD Trims Gains While USD/CAD Rallies
GBP/USD started a pullback from the 1.3050 zone. USD/CAD is rising and might aim for […]
Shift in Risk Sentiment a Short-Lived Anomaly or Start of a Longer Correction?
Last week proved to be a whirlwind for global markets, marked by a series of […]
Canadian Dollar Eyes Retail Sales Ahead of Rate Meeting
The Canadian dollar is calm on Friday. In the European session, USD/CAD is trading at […]
USDCAD Advances Within Trading Range
USDCAD bounces off 1.3600 and 200-day SMA Momentum oscillators suggest more gains USDCAD has been […]
Is AUDCAD Ready to Extend Its Uptrend?
AUDCAD prints higher highs and higher lows RSI and MACD detect positive momentum Break above […]
Commodity Currencies in Stable Ranges: Should We Expect a Breakout?
The currency pairs AUD/USD and USD/CAD, unlike the pairs with the Euro, Yen, and Sterling, […]
USD/CAD Steady After Canadian CPI, US Retail Sales
The Canadian dollar is showing limited movement on Tuesday. In the North American session, USD/CAD […]
AUD/CAD struggles as impact of interest rate policies sidestepped
Australian Dollar continues to face significant headwinds, largely due to ongoing worries about the Chinese […]