posted by
lytman02
1 hour 25 minutes ago
in CAD, Technical
The USD/CAD has been trading within an ascending channel in its 1-hour chart. At present, the pair is nearing the channel’s support. If the support of this channel holds then we may see the pair bounce back towards its high near 1.030. A fall, ho
posted by
fxhottie
3 hours ago
in USD, CAD, Fundamental
Canada’s dollar fell to a more than two-month low against its U.S. counterpart amid speculation growth in the world’s largest economy would spur the Federal Reserve to reduce stimulus, known as quantitative easing.
posted by
commodityblog
3 hours ago
in USD, CHF, Fundamental
The Swiss franc fell against the euro today, extending yesterday’s drop. The currency recovered a bit against the US dollar following the decline on the previous session and advanced versus the euro.
posted by
commodityblog
6 hours ago
in USD, EUR, Fundamental
The US dollar fell against the euro today on speculations that the Federal Reserve will maintain its stimulus program. The currency edged higher versus the Great Britain pound and the Japanese yen.
posted by
GAINSY
10 hours ago
in GBP, Fundamental
The pound has come under pressure after the weaker than expected inflation reading for April earlier this morning. Headline CPI fell to 2.4% (expectations were for a decline to 2.6%, from 2.8% in March). This is the lowest level since September 2
posted by
GAINSY
10 hours ago
in USD, Fundamental
The market yesterday was a write-off in terms of price action, as a few sovereign nations managed to squeeze in a national holiday in parts of Europe and in Canada. This week's US fundamental highlight will be delivered tomorrow - the FOMC Minute
posted by
GAINSY
10 hours ago
in USD, GBP, Fundamental
The royal pound fell to a six-week low against the dollar on Tuesday after data showed U.K. inflation slowed more than economists forecast in April, before of the Bank of England releases minutes of its May meeting on Wednesday.
posted by
GAINSY
10 hours ago
in Fundamental
RBA minutes: rate cut appropriate to boost growth; subdues growth & inflation provided room to cut rates; AUD high by historical standards...
posted by
GAINSY
10 hours ago
in USD, GBP, Fundamental
U.K. inflation retreated to 2.4% in April., the lowest level in seven months, coming back near the bank's target, while pound drops versus dollar on expected further calls for stimulus expansion.
posted by
GAINSY
10 hours ago
in Fundamental
'The consolidation of public finances will follow the objectives that have been clearly set' -Slovenia's finance ministry
posted by
GAINSY
10 hours ago
in USD, Fundamental
On Monday, EUR/USD drifted cautiously higher. There was very little important news to guide the price action. There were hardly any data in the US or in Europe. So, the focus was on the Fed exit debate. Markets are awaiting the appearance of Fed'