Tag - usd

Eyes on Bank of Canada's decision today
Eyes on Bank of Canada's decision today

All eyes are headed toward the Bank of Canada today. Estimates point to no change both for the main rate and the ongoing QE which stands at $3B weekly.

How about selling EUR/USD?
How about selling EUR/USD?

EUR/USD managed to recover some of its last week’s decline, rising for the 2nd day in a row (Friday & Monday). However, such upside momentum is unlikely to continue.

USD: a disappointing jobs report?
USD: a disappointing jobs report?

The US Jobs Report could be considered as a disappointing report, excluding the wages growth which keeps the fears over inflation.

Trade ideas on June 7-11!
Trade ideas on June 7-11!

Don’t expect to relax after a super volatile previous week! The market is getting ready for yet another roller-coaster!

USD/CAD trade is in profit
USD/CAD trade is in profit

USD/CAD managed to advance further yesterday breaking above 1.21, reaching as high as 1.2128 earlier today, while our long signal that was issued at 1.2060 is now in profit with over +60 pips.

USD/CAD is holding above support
USD/CAD is holding above support

USD/CAD declined once again to the same support area between 1.2040 and 1.2020 which remains solid for over three weeks now.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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