The Canadian dollar is the only major currency able to outperform the US dollar in the past two weeks and the move lower in USD/CAD is now slowing ahead of…
The Governor of the Bank of Japan’s comments revealed caution over recent yen depreciation but explained that benefits outweigh the drawbacks – USD/JPY bullish
USD/JPY rose to its highest level since December 2015 after the safe-haven Japanese Yen weakened further as markets shifted to a risk-on stance in overnight New York trading.
U.S. stocks rise Thursday, clawing back losses from the previous session, as traders shrug off new sanctions imposed on Russia, shake off Fed jitters and welcome strong U.S. economic data.
The rally in AUD/USD may push the RSI into overbought territory for the first time in 2022 as the exchange rate appears to be on track to test the October…
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias.
USD/CAD has breached confluence support near the 1.2600 area. If the breakout is sustained in the coming sessions, sellers could launch on attack on the January 2022 lows in the…