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USDCAD had been in a steady downtrend since late May, generating a clear structure of lower lows. However, the pair found its feet at the nine-month bottom of 1.3115 and retraced back higher, with the...
Another exciting week lies ahead for FX markets, before trading conditions start to wind down for the summer. The spotlight will fall on the latest US inflation report, which could help the dollar...
US nonfarm payrolls expected to drop, but massive ADP jobs report is making investors nervous Canada’s labour market is expected to rebound with a 20,000 gain The Canadian dollar is drifting in...
ADP employment surprises with a huge gain of 497,000 On Friday, US releases nonfarm payrolls and Canada publishes the employment report Nonfarm payrolls are expected to fall to 225,000, Canada...
Canada’s GDP surprises to the upside US PCE Price Index eases in June ISM Manufacturing PMI expected to contract The Canadian dollar is trading at 1.3259, up 0.07%. Canadian markets are closed...
Another day brings another set of data to support further Fed tightening. That should be the main story with the release of US personal income data and the core PCE deflator for May. Barring a data...
Euro rebounds as ECB officials appear in hawkish suitsYen extends slide, despite new intervention warningsLoonie and aussie slide on lower-than-expected CPI dataWall Street gains on upbeat US dataECB...
Canada’s inflation rate eases US Durable Goods Orders accelerates The Canadian dollar spiked and gained 50 points after Canada released the May inflation report but has pared these gains....
AUDJPY should have support at 9490/9470. Longs need stops below 9455.Targets: 9530, 9560, 9590. EURJPY We can try longs again at 155.30/10 with stops below 154.80. Targets: 155.90, 156.30, 156.70. Buy...
Yen gets hit by another selling wave, retests its multi-year lows Dollar slightly softer ahead of US releases, euro capitalizes Tech stocks encounter some profit-taking, ECB forum beginsJapanese yen...
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