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Canadian Dollar Dented by GDP Data, But USD/CAD Near-Term Downtrend Holds
Canadian Dollar Dented by GDP Data, But USD/CAD Near-Term Downtrend Holds
2022-11-30 00:00:00
The Canadian Dollar fell as a GDP slowdown cooled BoC rate hike bets. Still, USD/CAD’s near-term downtrend remains in play. AUD/USD is eyeing Chinese PMI data.
USDJPY Outlook Particularly Prone to Fed Messaging
USDJPY Outlook Particularly Prone to Fed Messaging
2022-11-29 22:30:51
The world’s largest central bank is going to absorb key event risk and is up against a media blackout before its next monetary policy decision. A concerted messaging effort will likely be put into play, and USDJPY may be among the most exposed of the major markets to how the forecasts land.
Gold Price Forecast: Gold Bounce Continues, Crude Oil Tries to Set Support
Gold Price Forecast: Gold Bounce Continues, Crude Oil Tries to Set Support
2022-11-29 21:10:26
Gold bulls are working a trend and Oil prices have put in a strong bounce from the psychological level at 75.
USD Breaking News: CB Consumer Confidence Declines for Second Month, DXY Moves Lower
2022-11-29 15:30:00
The CB consumer confidence report paints a rather mixed picture as respondents appear more upbeat about current conditions but fear for a tightening labor market
10 Trading Mistakes to Avoid in Forex Trading
2022-11-29 14:00:00
Human error in the FX market is common and can lead to common trading mistakes. See the top 10.
Euro Dollar Outlook: EUR/USD Wrestles with Resistance at Prior Support
2022-11-29 13:45:00
EUR/USD has fallen to another key zone of technical support and resistance at 1.0350. As fundamentals continue to drive price action, the USD faces big event risk ahead.
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