Canadian Dollar Price Forecast: Can USD/CAD Reverse Course and Rally?
USD/CAD has fallen for months as rising crude oil prices, risk appetite and a weak US Dollar worked to drive the pair lower. Now with potential taper talk on the horizon, can USD/CAD reverse higher?
Bitcoin (BTC/USD) Tanks, but Buyers React
Bitcoin prices fell to a three month low as speculative mania took a rest. Buyers showed up in droves to elicit a strong bounce, highlighting the volatile nature of speculative assets
Oil Price Forecast: Crude Establishes Double Top Formation in May
The price of oil appears to have established a double-top formation following the failed attempt to test the March high ($67.98) as it snaps the opening range for May.
EUR/USD Sinks as FOMC Minutes Show Threat of Fed Tapering
EUR/USD price action is sliding sharply lower in response to the latest FOMC minutes, which detailed how some officials see taper talks starting at upcoming Fed meetings.
EUR/USD Bullish Price Series Intact After Clearing February High
EUR/USD may continue to exhibit a bullish behavior after clearing the February high (1.2243) as it extends the series of higher highs and lows from earlier this week.
USD/CAD Outlook - Daily Price Chart Hints at a Reversal, All Eyes on The Fed Minutes
USD/CAD continues to teeter on the edge with a break below 1.2000 possible. One chart signal however suggests a reversal may be forming.
Crypto Meltdown Continues - Bitcoin (BTC/USD) Slumps Below $40,000, Ether (ETH/USD) Gives In To Sellers
Cryptocurrencies accelerate losses as China bans digital currencies as a form of payment
British Pound (GBP) Latest: GBP/USD Challenges Peak, EUR/GBP Unlikely to Break Out
GBP backdrop remains encouraging for now. YTD peak in focus.
US Dollar May Rise if FOMC Minutes Reveal Inflation Debate
The US Dollar may rise if minutes from April’s FOMC meeting reveal policymakers are debating whether the recent inflationary uptick will be lasting.
Michael Burry ‘Big Short’ on Tesla Stock Revealed Ahead of Key FOMC Minutes
‘Big Short’ famed Michael Burry revealed $534 million Tesla puts ahead of the FOMC meeting minutes. Is the stock vulnerable?