USDCAD Slides But Finds Support at Around 1.3410
USDCAD retreats but meets support at 1.3410 Both the daily oscillators paint a mixed picture […]
A Week of Contrasts: US Resilience, Hawkish BoJ, ECB Cut Speculations, China’s Reversal
The past week in the financial markets was a blend of the anticipated and the […]
Will Fed Push Back Against Imminent Rate Cuts?
Investors scale back bets of a March Fed rate cut US economic data since December […]
CAD’s Troubles Could Be Soon Forgotten
The Canadian Dollar faces a confluence of challenges, from the unexpected BoC stance on interest […]
USDCAD Looks Ready for Bearish Retracement
USDCAD battles with 200-day SMA Holds above downtrend line But momentum indicators show weak signals […]
Risk Sentiment Revives on Strong US GDP, Euro Holds Its Ground Against Dollar Post-ECB
Commodity currencies bounce in early US session, spurred by unexpectedly robust US GDP data that […]
All Eyes on ECB
In focus today Today, the main event of the week will be when ECB announce […]
CADJPY Pulls Below 2-Month High Ahead of BoC Rate Decision
CADJPY leans to the downside after two-month high 2024 uptrend remains intact above 109.50 BoC […]
USDCAD: Key Levels to Consider for Further Upside or Deeper Correction
Bullish Scenario: Consider buying at levels 1.3428 or 1.3462 with take profit targets at 1.3990 […]
Trump Wins New Hampshire
In focus today Today, we will get January PMIs for both the euro area and […]
NZD: Will Markets Rebound Soon?
The New Zealand dollar (NZD) kicks off the week at 0.6116, showing minimal change. However, […]
Currencies Consolidate Awaiting Bank of Canada and ECB Verdicts
The last full trading week of January is highly saturated with important fundamentals. This morning, […]