USD/CAD Price Forecast: Loonie Gains Continue Post US CPI
The loonie has enjoyed back-to-back days of gains against the greenback for the first time in a month, however USDCAD remains bullish above the 1.3580 handle. Read More
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The loonie has enjoyed back-to-back days of gains against the greenback for the first time in a month, however USDCAD remains bullish above the 1.3580 handle. Read More
The U.S. dollar lacks directional conviction despite a rebound in U.S. Treasury yields and hot inflation data, as fragile markets call into question the Fed’s hiking roadmap. Read More
The UK unemployment rate held steady while wages adjusted for inflation recorded its largest drop since the February to April 2009 period. Read More
EUR/USD is eyeing the all important US CPI release while trading at a key inflection point. Read More
The latest US inflation release may not have the same market effect as in the past as the global interest rate backdrop has changed post-SVB failure. Read More
The US Dollar steadied after a discombobulating first few sessions following a weekend of turmoil in US banking that may have implications for the Fed rates path ahead of US CPI today. Read More
The gold price has gained amidst the turmoil of the failure of SVB that saw Treasury yields sink, dragging down the US Dollar. If the carnage alters the Fed rate path, what does it mean for XAU/USD? Read More
Crude oil prices extended losses during Tuesday’s Asia-Pacific session. Market uncertainty may be pushed further if another sticky US inflation report reinvigorates Fed rate hike bets. Read More
The Dow Jones fell but the Nasdaq 100 rallied on Monday as markets strongly priced in a Fed pivot in the fallout of SVB’s collapse. For now, markets are prioritizing a dovish Fed over a recession. Read More
The FTSE and the DAX benchmarks sold-off in the wake of worrying news of bank failures in the US, a phenomenon that has shaken the global banking industry Read More