CAD: NAFTA threats still press
On August 28, the CAD reached the highest level against the USD since the beginning of June 2018.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Can gold hope for the rally?
At the end of the previous week, gold rose the most in five months after the Fed’s chairman Mr. Powell gave a dovish speech at the Jackson Hole Symposium.
Brazilian real: electoral threats
The Brazilian real is the third Emerging Market currency that has shown the biggest depreciation against the US dollar since the beginning of 2018.
The RBA needs a weak AUD
This week the governor of the Reserve Bank of Australia Mr. Lowe proved again that the bank wants to see the weak AUD and interest rates remaining at a record low “for a while yet”.
What to expect from the Federal Reserve?
The US Federal Reserve will release the minutes of its August meeting today at 21:00 MT time.
The oil market is under threat
Do you want a fascinating trading? The oil market is just perfect for you as it never stays calm.
Is Bitcoin able to recover?
BTC/USD tested levels around $5880 yesterday, the lowest level since the end of June. However, the cryptocurrency didn’t stay low for long.
Will the GBP beat the USD or the EUR?
Increased worries about the no-deal Brexit pulled the pound down.
Will gold’s downtrend end?
In the recent days, the US dollar index reached the highs of July 2017.
Will Turkish lira keep falling?
USD/TRY opened the week with the gap up and rose to a new record high abive 7.00.
Malaysian ringgit: no chances to recover?
Today we will have a look at the currency of the third-largest Southeast Asian economy – Malaysian ringgit.
Indonesian rupiah: something to look at
The strong rise of the USD caused by the tight monetary policy of the Fed made emerging market currencies depreciate.
