Canadian Dollar Outlook: USD/CAD in Freefall after Double Top Confirmation Signal
USD/CAD extends its recent sell-off and challenges trendline support near 1.3150 after validating a bearish double-top pattern late last week.
USD/CAD extends its recent sell-off and challenges trendline support near 1.3150 after validating a bearish double-top pattern late last week.
USD/JPY resumes its advance and rises to multi-month highs, supported by higher Treasury yields following Powell’s hawkish comments in a congressional hearing.
The price of the largest cryptocurrency hit a fresh six-week high today, buoyed by news that BlackRock, the world’s largest asset manager, has filed for a spot BTC ETF
Markets often trade nervily when they’re about to hear from the Fed Chair, Wednesday is no exception
The Chinese yuan has depreciated against the dollar and pound sterling as accommodative monetary policy is favoured to reignite the economic recovery
Outlook on FTSE 100, DAX 40 and S&P 500 as UK inflation comes in higher-than-expected.
Gold prices may be in for a wake up call after weeks of minimal price action as markets gear up for Fed Chair Jerome Powell’s Testimony.
UK headline inflation came in higher than expected but the core inflation print accelerated once more. Will the data inspire a more hawkish approach from the BoE heading into tomorrow’s meeting?
The S&P 500 and the Nasdaq 100 index are looking overbought and have run into stiff resistance areas, raising the risk of a minor retreat, especially if Fed Chair Powell’s tone later Wednesday is hawkish. What is the outlook and what are the key levels to watch?
Wall Street looks set to deliver its fifth consecutive week of gains, pushing ahead with another round of stellar gains overnight.