USD/CAD surged on failing oil and risk-off sentiment
The Canadian dollar broke out through the 1.40 psychological mark. What’s the reason?
Tag - usd
What moves the market on May 22?
Here you’ll find fresh news that drive the market today.
May 22: US and China worsened the mood
Worries about tensions between the United States and China have pushed the USD up versus the EUR, the GBP, and the AUD…
MXN and ZAR: brothers in arms
The Mexican peso and the South African rand show very similar movement patterns. What are they?
NZD/USD: tipping out
The New Zealand dollar seems to be tipping out against the USD. Will that be another full cascade downwards?
May 20: mixed moods
The market is mixed this Wednesday, with the AUD and the NZD tipping out on their recent bullish advances, oil consolidating at the local resistance level, and gold getting back to an upward trajectory.
GBP/USD: trade opportunities
GBP/USD formed a “Piercing line” pattern on the D1. The pair rose to the resistance line that connects April 30 and May 8 highs.
May 19: potential risks for the GBP
The British pound is going up, while gold is correcting
EUR/USD: bullish intentions
The recent initiative for a $546-bln financial aid package in the Eurozone made the EUR/USD break local resistance. How much fuel does it have?
Will the GBP be pressed by the PMI results?
The British Flash Manufacturing PMI will be announced on Thursday at 11:30 MT time.
2020: the new forecasts
The coronavirus has changed everything. When analysts gave forecasts for 2020 at the end of last year, no one could foresee that the whole world would be seized by the pandemic.
Why do traders prefer Japanese yen?
You may not have noticed that but the Japanese yen rose every month this year. It grew more than other currencies of the Group-of-10 and became a top currency. How could it have beaten the powerful US dollar? Let’s see.
