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Gold Falls by 1% as US Dollar StrengthensGold (XAU) dropped by 1% on Wednesday as the US Dollar Index (DXY) and Treasury yields strengthened ahead of the US inflation report. The DXY strengthened...
Sentiment was undoubtedly in a risk-off mood on Wednesday across the market, following the trends on Tuesday. The bigger question is whether this is the start of a shift in longer-term trends towards...
Dollar traders lock gaze on core PCE index Eurozone CPIs in focus as June cut looms Tokyo CPIs may complicate BoJ’s policy plans Aussie awaits Australian CPIs and Chinese PMIs Will PCE data...
The Canadian dollar is unchanged on Friday. USD/CAD is trading at 1.3726 in the European session at the time of writing at the time. Canada releases retail sales later, which may trigger some...
USDCAD pivots gently higher but still constrained between trendlinesA decisive bounce above 1.3745 needed for fresh buyingCanadian CPI scheduled for release at 12:30 GMT; Fed speakers on the...
Fed policymakers maintain caution ahead of minutes as risk appetite ebbsCommodities retreat from highs amid hawkish Fed, calm in Middle EastDollar inches higher, ether jumps 19% on spot ETF hopesFed...
The Canadian dollar is almost unchanged on Friday. USD/CAD is up 0.03%, trading at 1.3680 in the European session at the time of writing.Canada’s Job Growth Expected to ReboundCanada will...
USD/CAD has edged higher on Wednesday and is up 0.25%, trading at 1.3760 at the time of writing.Canada’s Ivey PMI climbed sharply in April to 63.0, up from 57.5 in March and beating the forecast...
Strengthening rate cut projections weigh on USDJPY; upward pattern intact above 151.90GBPUSD faces rejection near familiar resistance of 1.2630 ahead of BoE policy announcementUSDCAD trends within a...
The gold (XAU) price briefly dropped below 2,300 on Tuesday but later recovered after the U.S. Purchasing Managers' Index (PMI) figures came out lower than expected.XAUUSD has lost around 3% over the...
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