Bank of Canada Accelerates Rate Cuts, Points to Greater Confidence in Inflation
The Bank of Canada (BoC) cut its overnight rate by 50 basis points, to 3.75%, […]
(BOC) Bank of Canada reduces policy rate by 50 basis points to 3¾%
The Bank of Canada today reduced its target for the overnight rate to 3¾%, with […]
AUD/CAD Technical: BoC Jumbo Cut of 50 bps May Have Already Been Fully Priced In
The Canadian dollar has weakened against most major currencies (except against the JPY) in the […]
EUR/USD Dips to 11-Week Low
The euro is down for a third straight day on Wednesday. In the European session, […]
GBPUSD: One More Burst of Strength?
GBPUSD prints new lower low, reaches long-term support trendline Technical signals remain discouraging; more sellers […]
Gold (XAU/USD), Silver (XAG/USD) Print Fresh Highs as the DXY Eyes 105.00
Gold and Silver prices reach new highs amidst a rising US Dollar, driven by global […]
Yen Slides as IMF Cuts Japan’s Growth Estimate
The Japanese yen has posted sharp losses on Wednesday. In the European session, USD/JPY is […]
USD/JPY Climbs to Three-Month Peak Amid US Dollar Strength
The USD/JPY currency pair surged to near three-month highs, hitting 151.79, driven by the strengthening […]
US Dollar Index Outlook: Dollar Rises Further on Less Aggressive Fed Rate Cut Outlook
The dollar remains in strong bullish acceleration for the third consecutive day, boosted by expectations […]
USD/JPY Outlook: Advances 1% on Wednesday Morning
Strong acceleration higher in Asian / early European trading on Wednesday (the pair was up […]
EUR/USD Outlook: Break 1.0800 Support But Bears May Take a Breather on Oversold Conditions
EURUSD dipped below psychological 1.08 support and hit new multi-week low in early Wednesday. Larger […]