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The USD/CAD is drifting on Wednesday, ahead of the Bank of Canada rate decision later today. In the European session, USD/CAD is trading at 1.4181, up 0.10% at the time of writing. BoC Expected to...
US CPI awaited as December Fed rate cut not a done deal Loonie at fresh lows ahead of expected BoC rate cut Aussie continues to bleed, yen see-saws on data, BoJ chatter Spotlight on US...
Gold Grows on Geopolitical Conflicts and Possible US Rate Cut Gold (XAU/USD) gained 1.26%, finishing yesterday's trading session slightly below the crucial $2,700 level, supported by expectations of...
The US dollar has come back bid this week. Any upside surprise to today’s US November core CPI number would trigger another leg higher in the dollar – as would only a 25bp rate cut from the Bank of...
Last policy decisions of 2024 to shape market mood. RBA, BoC, SNB and ECB are on the agenda. US CPI report to be crucial too as Fed undecided. RBA to hold rates, but will it turn less hawkish? The...
The USD/CAD is showing small gains on Friday. In the European session, USD/CAD is trading at 1.4041, up 0.12% at the time of writing. Canada’s Job Growth Expected to Climb Canada releases job growth...
USD/CAD stays on the sidelines ahead of November’s jobs data. Bearish pressures likely but sellers need a close below 1.4000. USD/CAD is holding a neutral-to-bearish bias USD/CAD is currently...
Fed speakers on the wires ahead of the usual blackout period The dollar remains on the back foot; stocks are feeling the pressure Gold trades sideways, as bitcoin retreats from its new all-time...
Gold Grows on Weak US Labour Market Data Gold (XAU/USD) gained 0.24% on Wednesday after a report showed private sector hiring fell more than expected last month. The ADP Employment Change report...
EUR/USD and AUD/USD are heading into their strongest month, hinting at rally potential. Meanwhile, December is the most bearish month of the year for USD/JPY, and it’s carrying bearish short-term...
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