Forex Friday: DXY, GOLD, USD/CAD and Yields
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected […]
USDCAD Loses Steam Within a Trading Range
USDCAD has been on the sidelines over the last four months as 1.3700 seems to […]
What to Trade in March
So far, the year 2023 has been eventful across several financial markets. As we step […]
Euro Traders Lock Gaze on Eurozone Inflation Data
With economic data suggesting that the Euro area may have dodged a severe recession and […]
USD/CAD Consolidates Gains
The Canadian dollar softened after the economy unexpectedly stalled in Q4. On the daily chart, […]
FOMC Will Stay Hawkish as Inflation Remains High
Last year, the US inflation rate was at a 40-year peak while posting the lowest […]
Canada Q4 GDP Worse Than Expected, But January Starting on the Right Foot
Annualized Q4 GDP for Canada was much worse than expected, with a print of 0% […]
Canadian Dollar Drifting as GDP Looms
Canadian GDP expected to slow in Q4 It’s a very light data calendar for Canadian […]
USDCAD Improves Above the Descending Triangle
USDCAD advanced above the descending triangle, surpassing the 1.3520 resistance level; however, the RSI indicator […]
USDCAD: The Price May Rise To 1.385
USDCAD suggests the construction of a correction pattern – a triple zigzag consisting of cycle […]
USD/CAD Bounces Higher
The Canadian dollar tanked as easing inflation may keep the BoC at bay. A break […]