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USD/CAD Price Falls Further, Multi-Year Low Nears

Posted by By 10/05/2021Posted inForex
USD/CAD is fast approaching lows last seen in September 2017 and there is little in the way of support to stop the pair from going sub-1.2000
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Altcoins Surge as Bitcoin Falls Behind – Ethereum at New Record High, Dogecoin Attempts to Recover from SNL

Posted by By 10/05/2021Posted inForex
Altcoins build on Bitcoin weakness, Ethereum keeps up strong momentum
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As a New Retail Trader Age Rises, Heed Tales of Past Manias

Posted by By 10/05/2021Posted inForex
In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.
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British Pound (GBP) Outlook: GBP/USD, FTSE 100 Power Ahead as UK Re-Opening Continues

Posted by By 10/05/2021Posted inForex
Fresh from a strong set of UK election results, UK PM Boris Johnson will outline further plans for re-opening the UK economy later today.
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Mexican Peso Weekly Forecast: NFP Miss Helps USD/MXN Break Lower, Banxico Meeting in Focus

Posted by By 10/05/2021Posted inForex
USD/MXN breaks below the 20 pesos mark as disappointing NFP figures cause the Dollar to dip
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Crude Oil Prices Climb on Major US Pipeline Disruptions, Weaker USD

Posted by By 10/05/2021Posted inForex
Crude oil prices climbed during Monday’s Asia-Pacific session as a cyberattack on the largest US oil pipeline raised concerns about a near-term supply shortage. A weaker US Dollar also buoyed…
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Gold Prices at 3-Month High amid USD Weakness after Big NFP Miss

Posted by By 10/05/2021Posted inForex
Gold prices surged to a 3-month high as the DXY US Dollar index fell to a 10-week low. April’s nonfarm payrolls report came far below market expectations, cooling fears about…
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US Dollar Outlook: USD/SGD, USD/THB, USD/PHP, USD/IDR May Fall on Dovish Fed Speak

Posted by By 10/05/2021Posted inForex
The US Dollar may fall versus ASEAN currencies if dovish Fed speak extends the boost in sentiment after a huge miss in non-farm payrolls. USD/PHP is eyeing the Philippine Central…
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Dow Jones, Hang Seng, ASX 200 Outlook: Big NFP Miss Defies Tapering Fears

Posted by By 10/05/2021Posted inForex
Wall Street stocks closed broadly higher as April nonfarm payrolls data fell sharply below expectations, cooling fears about tapering Fed stimulus. The US Dollar fell to a 10-week low, buoying…
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Australian Dollar Forecast: AUD/USD to Rise on Prevailing Sentiment?

Posted by By 09/05/2021Posted inForex
AUD/USD looks to start the week on a positive tone after last week's US NFP miss increased the expected timeline on ultra-loose global monetary conditions.
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