Tag - cad - canadian dollar

USD is on the back foot after Trump's comments
USD is on the back foot after Trump's comments

US stocks and oil slipped as Donald Trump threatened not to sign a long-awaited stimulus bill into law. The market sentiment had been already fragile, and Trump’s comments worsened it even more.

All eyes focusing on Fed
All eyes focusing on Fed

Asian equity markets traded higher as the region received a tailwind from Wall Street where all major indices were lifted amid stimulus hopes.

USD drops ahead of Fed meeting
USD drops ahead of Fed meeting

The US dollar keeps dipping further, while riskier assets are rising as investors await the FOMC meeting at 21:00 MT time.

December 9: trading vaccine hopes and Brexit

EUR/USD, GBP/USD, AUD/USD, and XAU/USD have reached interesting technical levels. Traders are hoping that the US authorizes the Pfizer vaccine this week. They also want to know how the dinner between the UK Prime Minister Boris Johnson and European Commission Ursula von der Leyen goes and how it will influence Brexit.

Euro remains resilient despite Brexit uncertainty

World shares and other risk assets fell on Monday as growing risks of a no-deal Brexit that hit the pound hard and fresh Sino-U.S. tensions offset bets over more fiscal and central bank stimulus in Europe and the United States.

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