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Modest US dollar weakness is emerging as the Fed begins their two-day policy meeting; the euro is back above the 1.07 level, while the loonie is advancing below the 200-day SMA, and as the...
US dollar weakness emerges as inflation expectations fall to lowest levels in over two years; November Fed rate hike odds remain a coin flip Oil rallies for a third straight week on tightness...
USDCAD in an aggressive decline from its 5-month high of 1.3693Bears eye the crucial 200-day SMAMomentum indicators suggest more pain in the short termUSDCAD had staged a massive rebound after...
Bank of Canada expected to hold rates at 5.0% US to release ISM Services PMI USD/CAD is trading quietly in Europe at 1.3651, up 0.06%. I expect to see stronger movement in the North American session,...
If the beleaguered euro and yen did not have enough to worry about already, they now have to cope with Brent oil trading above $90/bl as the Saudis extend their supply cuts through to year-end. Unless...
Yen hits 10-month low, triggers intervention warningDollar traders turn attention to ISM non-mfg PMIEquities pull back, but stay in an uptrend modeBoC expected to stand pat, focus to turn on...
Loonie pares losses alongside oil price surge Oil rises on OPEC+ action, but may remain a choppy trade on global growth concerns and rising Non-OPEC production $100 oil risk will remain on the table...
After a barrage of US data hurt the dollar this week, with investors having second thoughts as to whether another Fed hike may be needed, the US agenda will become lighter next week with the spotlight...
Canada’s GDP expected to ease in Q2 US nonfarm employment payrolls expected to dip to 177,000 The Canadian dollar is calm in the European session, trading at 1.3500, down 0.07%. I expect to see...
NZDUSD is severely oversold so a bounce is possible to minor resistance at 5975/85. Shorts need stops above 5995.Strong resistance at 6015/25. Shorts need stops above 6040. USDCAD longs at support at...
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