Technical Analysis
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USD/CAD Falls toward lower ascending channel boundary near 1.4000
USD/CAD may find a primary barrier at the nine-day EMA of 1.4059. The 14-day Relative Strength Index has slipped to…
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Australian Dollar strengthens as US Dollar dips on Fed rate cut odds
The Australian Dollar remains stronger as Private Capital Expenditure rose by 6.4% QoQ in Q3. The AUD strengthened after the…
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Chart of The Day – NZD/USD
The Reserve Bank of New Zealand (RBNZ) cut the official cash rate (OCR) by 25 bp to 2.25%, in line…
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U.K. Economy – Budget check list
It’s finally here, in a few hours we will be told what fiscal measures will be included in this year’s…
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XAG/USD gains further to near $52 as US yields remain under pressure
Silver price rises further to near $52.00 as Fed dovish expectations keep US yields under pressure. Fed’s Williams see the…
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Australian Dollar rises as CPI beats forecasts, RBA policy in focus
The Australian Dollar gains as monthly inflation boosts RBA caution. Australia’s CPI rose 3.8% YoY in October, beating the market…
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Japanese Yen retreats from one-week top against weaker USD; downside seems limited
The Japanese Yen struggles to capitalize on modest intraday gains against a weaker USD. The upbeat market mood and fiscal…
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Gold clings to gains near two-week high as USD slides amid rising Fed rate cut bets
Gold regains positive traction on Wednesday amid rising bets for a Fed rate cut in December. The USD drops to…
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Crypto News – Bitcoin Stabilizes After Sell-off
Cryptocurrencies are attempting to open the new week with modest, stabilizing gains after a very weak period during which BTC…
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Chart of The Day – OIL.WTI
Oil prices started the week with a slight selloff, adding to last week’s 3% decline. The oil market is now…
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