Dollar Weakens as Traders Boost Bets on 50bps Fed Cut
Traders continue to ramp up bets on a 50bps rate cut by Fed this Wednesday, […]
Rumors Eclipse Data in Market Sentiment, Dollar Braces for Downside Risk
The financial markets have been more influenced by speculations than by concrete economic data, as […]
USDCAD Flirts With 200-Day SMA Again
USDCAD remains below 1.3600 MACD and RSI indicate upside recovery USDCAD is moving back and […]
NZD: New Lows May Be Formed Soon
According to UOB analysts, the New Zealand Dollar (NZD) could test the 0.6115 level, provided […]
EURCAD Two-Year Bullish Sequence extends from the Blue Box
Hello traders, welcome to another trade review blog post where we discuss setups from the […]
Canada’s Labour Market Continued to Cool in August
Canada’s labour market added a modest net 22k new positions, roughly on expectations. However, all […]
USDCAD Doubts September’s Upturn
USDCAD trims September’s uptick to trade near key trendline Technical signals are mixed; a break […]
Loss of Interest Rate Support Weighed on Dollar
Markets Yesterday’s JOLTS report was yet another perfect illustration of market’s high sensitivity to the […]
Canadian Dollar Steady Ahead of BoC Decision
The Canadian dollar is showing limited movement on Wednesday. In the European session, USD/CAD is […]
BoC poised for third straight rate cut and stays dovish
BoC is widely expected to cut interest rates for the third consecutive meeting today, lowering […]
BoC Rate Decision: Third Rate Cut on the Way
BoC could easily cut interest rates for the third time on Wednesday Macro data favors […]
Canadian CPI in focus after as BoC’s Macklem signals potential for faster rate cuts
Canadian inflation data is set to take center stage today, particularly after dovish signals from […]