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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...
Dollar loses ground against risk-linked currenciesBut yen continues to slide to new 34-year lowStocks rebound, gold falls on easing geopolitical concernsKey US data could further weigh on Fed rate cut...
CPI numbers due in the UK, Japan, Canada and New Zealand China to also come into the spotlight as Q1 GDP eyedUS retail sales to kickstart the week as earnings season gets underwayCPI figures to...
USD/CAD trades higher again, tests strong resistance levelIt is the bulls' first attempt to break above the current trend channelMomentum indicators are mixed with a possible bearish divergence...
Interest rate cut expectations have receded everywhere following the US inflation data, but there are subtle dovish incremental shifts within the BoC’s commentary that suggest should inflation...
The Canadian dollar is slightly lower on Wednesday. In the European session, USD/CAD is trading at 1.3559, down 0.09%.Bank of Canada Expected to Stay PatThe Bank of Canada is widely expected to hold...
US Dollar and stocks are in the green today ahead of the key US CPI reportAll eyes will be on equites if CPI surprises on the upsideRBNZ remains hawkish; BoC could show a dovish tiltDollar and stocks...
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