Forex
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USD/CAD fails again at 1.4180, higher Oil prices are supporting the loonie
The US Dollar is rejected at 1.4180 and the CAD picks up with Oil prices bouncing up. Chinese authorities have pledged more…
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GBP/USD – Advances amid positive sentiment, bull’s eye 1.2800
GBP/USD climbs to 1.2780, supported by improved risk appetite and technical indicators pointing upward. Buyers target resistance at 1.2800; surpassing…
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EUR/USD – Pair rises to 1.0585 after bouncing from 20-day SMA
EUR/USD gains mildly on Monday, trading at 1.0585 after rebounding from the 20-day SMA. Pair maintains its position above the…
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EUR/USD gains ahead of ECB policy meeting, US inflation data
EUR/USD rises to near 1.0580 as investors await US CPI data for November and the ECB policy meeting. Investors expect the…
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Mexican Peso nears 20.00 level against US Dollar ahead of inflation data
The USD/MXN resumed its downtrend as the effect of the release of strong US labour figures waned. Mexican CPI data…
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USD/INR rises as buoyant US Dollar pressures Indian Rupee
The Indian Rupee softens in Monday’s early European session. A stronger USD and concerns over slowing domestic growth could drag the…
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AUD/USD – Bullish reversal move looks likely
AUD/USD jumps to near 0.6420 with investors focusing on the RBA monetary policy announcement on Tuesday. The RBA is expected…
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USD/CAD extends upside above 1.4150 on bets for big BoC cut
USD/CAD gains traction to near 1.4170 in Monday’s early European session. The BoC expects to deliver another big rate cut…
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GBP trades with caution against US Dollar even as Fed rate cut bets jump
The Pound Sterling trades broadly stable against the US Dollar amid increasing bets that the Fed will cut interest rates…
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GBP/USD retreats after flirting with 1.2800
The US Nonfarm Payrolls report showed the economy added 227K new jobs in November. The Michigan Consumer Sentiment Index jumped…
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