Forex today: the USD is lower and lower
Traders will look at the G7 summit that will take place on June 8-9 in Quebec to get clues on the world economic growth.
Tag - cad - canadian dollar
Trading plan for June 7
Although Wednesday’s US economic data were positive, the greenback continues to lose positions.
Labor productivity suddenly weakens in Canada
Canadian businesses’ productivity went down by 0…
Forex today: no significant movements
On Monday, the US dollar index tested lows near $93.60. Tuesday’s trading isn’t extensive, but the index is at $94.
USD/CAD: loonie is flirting with a triangle
Recommendation: BUY 1…
AUD/CAD rising inside intermediate impulse wave (3)
AUD/CAD rising inside intermediate impulse wave (3) Next buy target 0…
Weekly Forex Outlook: June 4-8
The USD index spiked to resistance at 95…
Oil, NAFTA, trade wars: any chances for the CAD?
In recent weeks, the Canadian dollar has been highly volatile…
Forex today: appreciation against the USD
The US dollar index strongly fell on Wednesday because of weak economic data.
CAD/CHF reversed from support area
CAD/CHF reversed from support area Next buy target 0…
Forex today: the greenback is climbing down
George Soros warns about another financial crisis. According to the legendary billionaire, rising anti-European Union sentiment, the disruption to the Iran deal, a soaring dollar and investors taking money out of emerging markets are adding up to bad news for the global economy.
Trading plan for May 30
The US dollar index reached the psychological level of $95, however, couldn’t stick there and lost some pips. Tuesday’s consumer confidence data was weaker than the forecast.
