The Bank of Canada (BoC) is widely expected to leave its policy rate unchanged at 5% in its upcoming meeting, maintaining a hawkish stance in the face of rising inflation. The Canadian Dollar (CAD) has weakened against the US Dollar (USD) since...
It’s Wednesday, the froggy day for the whole internet. Here’s news that moves the market:
The US Bureau of Labor Statistics will release its Consumer Price Index and many other critical events that will move the market this week!
The US Dollar has been remarkably sluggish for the past few weeks despite being within a distinct Demand zone. My expectation of a springing rebound off the demand zone has not exactly played out yet, however, the zone remains unbroken.
XBRUSD and XTIUSD might experience massive volatility due to the Chinese GDP release on Tuesday, October 18.
Historically, the stability of the franc is caused by the solid Swiss economy and a highly developed banking system…
What happened? It looks like the decline in EUR/CHF to 1…
Latest news • US Census Bureau will publish monthly retail sales data. Analytics expect core retail sales to increase month-to-month, which is still a modest increase compared to July.
The USD felt better after the US producer inflation surpassed forecasts and American unemployment claims fell for the third week. Gold has a chance to test higher levels, while oil is struggling with the negative news from China.
What is happening? 1. USD/CHF and EUR/CHF are on the bullish rally for over a week.
Trade ideas for gold, USD/CHF, oil, EUR/USD for this Friday
Follow the analysis of EUR/USD, USD/JPY, gold, and S&P500
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!
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