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Today’s Trade Ideas:I have sat and watched USD/CAD bounce around and retest the break point of the trend line over the past month - I think it is now worth trying a long again at 1.3670/50, with...
USDCAD in the red after reaching 3-year highAggressive rally since the July 14 low of 1.3091Momentum indicators appear to support the current downlegUSDCAD is moving lower today, registering its third...
On Thursday, the Mexican peso (MXN) was the best-performing currency among the 20 global currencies we track, while the Nigerian naira (NGN) showed the weakest results. The New Zealand dollar (NZD)...
Treasury yields rebound, lift the dollar ahead of US GDP dataDollar/yen rises past 150, rings intervention alarm bellsECB to take the sidelines, focus to fall on forward guidanceWall Street tumbles as...
Bank of Canada expected to hold rates at 5.0% The Canadian dollar is steady on Wednesday. In the European session, USD/CAD is trading at 1.3758, up 0.12%.Bank of Canada Expected to Hold RatesThe Bank...
USDCAD jumps above 1.3700 ahead of BoC rate decisionWill the pair breach the neutral triangle pattern too?USDCAD held its footing above the resistance-turned-support trendline drawn from the 2020 peak...
Canada to release retail sales later today Fed’s Powell says inflation still too high, lower growth needed The Canadian dollar has edged higher on Friday. In the European session, USD/CAD is...
USDCAD attempts to completely erase its latest pullbackOn track to test the 6-month peak of 1.3784Momentum indicators are heavily tilted to the bullish sideUSDCAD had been in a steady advance since...
US retail sales rise more than expected, bolster Fed hike casePound slides on slowing wages, rebounds on sticky inflationAussie and kiwi aided by China’s GDP beat; loonie supported by higher oil...
Gold surges as Israel carries ground operations inside GazaGeopolitics and Harker weigh on Fed rate hike expectationsOil rallies as fears of supply disruptions due to the war heightenS&P 500 and...
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