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Canada’s GDP expected to slow in March US releases Core PCE Price Index US/CAD hits 1-month high The Canadian dollar is down sharply ahead of the North American session. In Europe, USD/CAD is...
Elliott Wave analysis is different from other types of technical analysis, because it puts everything into context. No head & shoulders patterns just hanging there in space. No trading based...
Canadian retail sales expected to have declined US Services and Manufacturing PMIs projected to have slowed USD/CAD pushes above 1.35 The US dollar is broadly higher today, and USD/CAD has climbed to...
Gold refuses to decline as central bank demand remains in playDrop in oil prices hits Canadian dollar, Tesla (NASDAQ:TSLA) earnings disappointFocus turns to onslaught of Fed speakers and Japanese...
FX markets continue to be buffeted by opposing forces and are struggling to define short-term trends. Despite some positive Chinese activity data, Asian currencies are not rallying, suggesting that...
Bank of Canada pauses rates for second straight month US headline inflation drops to 5%, core rate rises to 5.6% Canadian dollar climbs to highest level since February 16 The Canadian dollar has...
Headline CPI rate drops by a full percentage point, core ticks upInvestors still expect another 25bps hike, but maintain rate cut betsFed minutes reveal that some officials considered pausingDollar...
USDCAD is plunging towards the long-term uptrend line that may act as a turning point for traders. The 20- and the 50-day simple moving averages (SMAs) are ready to post a bearish crossover,...
Dollar slides as traders seem reluctant to buy ahead of CPI figuresWall Street mixed ahead of today’s data, bank earnings on FridayGold climbs back above $2,000 on the back of a weak dollarBank...
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