Bank of Canada Holds Rates Flat - USD/CAD Bounces
The Bank of Canada held rates flat this morning while keeping QE purchases to C$3 Billion/month.
Canadian Dollar Price Latest - BoC Outlook, US CPI May Break the USD/CAD Trading Range
The Bank of Canada (BoC) policy decision hits the screens later today and USD/CAD traders need to be alert for a possible range break
Euro Outlook: EUR/USD, EUR/GBP Focus on ECB, US CPI and Brexit Battle
After a quiet start to the week euro traders are likely to pay attention to key events in the coming days
British Pound (GBP) Price Outlook: GBP/USD Up Modestly as Haldane Hints at Tapering
The outlook for GBP/USD has improved marginally after comments by Bank of England Chief Economist Andy Haldane hinting at a reduction in UK monetary stimulus.
Gold Prices Eye $1900 as Chinese PPI Beat Signals Building Price Pressures
Gold prices edged slightly higher as Chinese PPI surged to the highest level since 2008, hinting at further price pressures. Traders are eyeing the $1,900 mark ahead of Thursday’s US inflation data.
Gold Prices Eye $1900 as Chinese PPI Beat Signals Building Price Pressures
Gold prices edged slightly higher as Chinese PPI surged to the highest level since 2008, hinting at further price pressures. Traders are eyeing the $1,900 mark ahead of Thursday’s US inflation data.
Crude Oil Forecast: EIA Inventory Stocks In Focus Following Bullish API Print
Crude oil broke above the 70 handle, with energy traders focused on Wednesday's EIA inventory figures following a bullish draw in Tuesday's API numbers.
Dow Jones in Tight Range, Hang Seng, ASX 200 May Edge Higher
Wall Street stocks closed mixed as traders awaited the US CPI data. The Russell 2000 outperformed large-cap indexes amid a volatile session. APAC markets opened mixed ahead of China inflation data.
Euro Forecast: EUR/AUD, EUR/CAD, EUR/NZD Rates Outlook
The Euro has been experiencing a countertrend rally against the trio of commodity currencies in recent weeks. Longer-term technicals remain bearish, however.
Nasdaq 100 Price Forecast for the Week Ahead
The Nasdaq 100 awaits an update on the domestic inflation situation as seasonal headwinds weigh on price action. A data surprise could revive volatility.