Canadian Dollar Forecast: Oil Provides Support; Jobs Data Ahead – Setups in CAD/JPY, USD/CAD
The Canadian Dollar is benefiting from a rebound in risk appetite as well as another push higher by energy prices.
FX Week Ahead – Top 5 Events: BOE, ECB, & RBA Rate Decisions; Canada Jobs Report; US NFP
The first week of February brings forth several rate decisions and jobs reports from G20 economies.
Gold Price Forecast: Gold Breakdown Pulls Back – XAU/USD Levels
Gold reversed aggressively last week and slid down to a fresh monthly low. With the focus on the Fed and higher rates, the bearish theme may not be done just…
UK Partygate Investigation: Heavily Censored Report Given To PM Johnson, Sterling Unchanged
Civil servant Sue Gray has provided Prime Minister Boris Johnson with a redacted version of her investigations into the lockdown rule-breaking scandal.
AUD Technical Outlook: AUD/USD Holding Long-term Support, For Now
AUD/USD is trying to bounce off the 7000-line, a level that is more than just psychological; levels, lines, and scenarios to watch.
Mexican GDP Contracts 0.1% in Q4 2021 and Enters Technical Recession
Mexican GDP contracted by the second successive quarter and enters technical recession.
JPY Q1 2022 Technical Forecast: USD/JPY Chart Points Higher to Kick Off the Year
The Japanese Yen saw significant weakness against the US Dollar in 2021. USD/JPY gained in all but three months last year, with the currency pair hitting the highest level since…
EUR/USD Price Outlook: Euro Attempts Recovery, GDP Meets Expectations
Euro attempting to retrace recent pullback. GDP fails to move the Euro with focus on this week’s ECB meeting
AUD/USD Bouncing Off Support as RBA Policy Decision Looms Into View
Australian dollar traders are gearing up for some additional volatility in the weeks ahead as the RBA gets set to announce its latest monetary policy decision tomorrow.
US Dollar Forecast: More Gains to Follow? USD/SGD, USD/THB, USD/IDR, USD/PHP
The US Dollar is attempting to redeem itself against ASEAN currencies, but key resistance levels held. What is the road ahead for USD/SGD, USD/THB, USD/IDR and USD/PHP?