Category: Trading
USD/CAD: Range resistance caps gains – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is little changed, with USD/CAD stretching it...
BoE’s Pill: Ready to act if necessary
Bank of England’s (BoE) Chief Economist Huw Pill said that he stands ready to act against inflationary pressures stemming from the...
EUR: ECB communication and PMIs shape outlook – TD Secu...
TD Securities highlights the ECB Watchers’ Conference as a key platform for policymakers to discuss geopolitical risks and Eurozon...
USD: Petrodollar foundations tested by Iran conflict – ...
Deutsche Bank’s Mallika Sachdeva argues that the Iran conflict could test the foundations of the petrodollar regime and, by extens...
GBP/USD: Pound consolidates in tight band – Scotiabank
Scotiabank analysts say the Pound is slightly softer against the Dollar, consolidating near 1.34 after a recovery from mid‑March l...
EUR/USD pares losses as US Dollar eases after PMI data
The Euro (EUR) recovers modestly against the US Dollar (USD) on Tuesday, helping EUR/USD trim part of its earlier losses as the Gr...
Gold subdued as mixed US-Iran signals keep investors ca...
Gold (XAU/USD) trades with a subdued tone on Tuesday, struggling to build on the previous day’s rebound as investors continue to a...
USD/JPY gains as US Dollar benefits from risk aversion,...
USD/JPY trades around 158.70 on Tuesday at the time of writing, up 0.16% on the day, supported by a US Dollar (USD) that maintains...
GBP/USD slips as higher Oil, US yields boost the US Dol...
The Pound Sterling (GBP) falls by 0.16% on Tuesday as the US Dollar (USD) advances, underpinned by a recovery in energy prices and...
Dow Jones Industrial Average edges higher as Middle Eas...
The Dow Jones Industrial Average (DJIA) eked out a modest gain on Tuesday, adding around 40 points after a volatile premarket sess...
USD/CAD rises to fresh two-month highs as US Dollar sta...
The Canadian Dollar (CAD) trades under pressure against the US Dollar (USD) on Tuesday, as the Greenback edges higher and trims pa...
EUR/JPY holds as Eurozone PMI weakens and Japanese infl...
The EUR/JPY cross is trading in a neutral zone near 184.00 after the Eurozone Purchasing Manager Index (PMI) data indicated a sign...
