Canadian Dollar Shrugs Off Strong Ivey PMI Data, USD/CAD Jumps as Oil Tanks
Economic activity accelerates in June in Canada and rises for the fifth consecutive month, but the PMI data fails to boost the Canadian dollar.
Oil Price Forecast: Crude Catches Resistance Near Six-Year-Highs
Crude oil has been bid up to fresh highs and buyers are threatening another breakout, with prices testing a key zone on long-term oil charts.
EUR/USD Price Analysis: Tech Snapshot Ahead of FOMC Minutes
FOMC minutes could validate yesterday’s seemingly pre-emptive move in EUR/USD if hawkish narrative persists.
Canadian Dollar Price - USD/CAD Short-Term Outlook in The Hands of The FOMC
The latest FOMC minutes will be released later today and these will likely decide the next move in USD/CAD
USD/JPY to Try to Move Higher out of Macro Wedge: Q3 Top Trading Opportunities
USD/JPY had been in a narrowing range the past few years, and on that was a chart that had been of interest for some time for the very reason that it hadn't been of much interest to the broader mar...
Gold Price Forecast: Gold Continues to Shine Despite USD Gains
Gold remain supported despite USD gains as real yields fall deeper into negative territory.
British Pound Outlook: GBP/USD Showing Indecision Ahead of FOMC Minutes
Evenly balanced price pressures are keeping GBP/USD calm ahead of FOMC minutes
Euro May Fall vs. US Dollar as FOMC Minutes Drive Fed Outlook
The Euro may fall against the US Dollar as minutes from June’s FOMC meeting reinforce bearish technical positioning after prices broke chart support.
Crude Oil Prices Fall on OPEC+ Uncertainty, Rising Shale Oil Output
WTI crude oil prices pulled back after briefly hitting a six-year high, as a fruitless OPEC+ meeting added supply uncertainty and threatened a price war. US shale oil production has climbed in rece...
Crude Oil Prices Fall on OPEC+ Uncertainty, Rising Shale Oil Output
WTI crude oil prices pulled back after briefly hitting a six-year high, as a fruitless OPEC+ meeting added supply uncertainty and threatened a price war. US shale oil production has climbed in rece...