USD/CAD Price Analysis: Eases towards a fortnight-old support below 1.2100
USD/CAD extends Friday’s pullback from 1.2120 to 1.2060 during Tuesday’s Asian session trading. In doing so, the pair sellers justify sustained tradin
Read More »Events to Look Out for Next Week
Inflation has moved to the front of the line of market worries, while pandemic hotspots in Asia continue to be closely monitored. Rapid global growth, led by China and the…
Read More »Will this be another stormy Thursday?
Yields have cheapened a bit since the open. The move has come largely on the news that President Biden will propose a $6 tln budget on Friday, which has helped…
Read More »Yields and their significance for USD
Treasuries richer as inflation worries move to background. Overall however as you can seen year to date chart below, Treasury yields have been slide lower turning flattened. Treasuries despite some…
Read More »US Data Mixed – Weekly Claims and the Philly Fed.
EURUSD, H1 The Dollar was little changed following the key US data today, which saw initial claims fall more than expected, 444,000 versus expectations of 453,000, for another pandemic era…
Read More »Midweek Market Podcast – May 19
The USD plunged to new 3-mth lows, gold tested January highs, equity markets slipped and Crypto’s got a double whammy. HotForex · Midweek Market Podcast – May 19 The Market…
Read More »AUD/USD Rises with Iron Ore as Westpac Consumer Confidence Looms
The Australian Dollar is gaining against the US Dollar as rising iron ore helps boost the Aussie Dollar. Westpac Consumer Confidence is in focus.
Read More »Forexlive Americas FX news wrap: USD weakest of the majors today after retail sales disappoint
Forex news for North American trading on May 14, 2021 The week is ending with the USD as the weakest of the major currencies today. The NZD was the strongest.
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