U.S. dollar firms as traders brace for Trump’s Iran deadline
U.S. dollar firms as traders brace for Trump’s Iran deadline
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Canadian dollar steady ahead of BoC decision – MarketPulse
The Canadian dollar is showing limited movement on Wednesday. In the European session, USD/CAD is trading at 1.3555 at the time of writing, down 0.08%. BoC expected to cut for third consecutive time All eyes are on the Bank of Canada, which will announce its rate decision later today. The BoC is expected to lower…
FX Weekly Recap: January 20 – 24, 2025
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Lots of up and down volatility in USDCAD as politics in Canada and US dominate | Forexlive
The USDCAD has had a volatile trading today as tariff news from Pres.-elect Trump sent the dollar lower and then higher, and word of the resignation of Canada PM Trudeau also contributed. Technically, the price moved lower on the tariff news taking the pair below a “Red Box” (see chart below) that has defined the…
Dollar Declines Following Weak Macroeconomic Data
The final trading week of November may prove to be the worst this month for the US dollar. Following the release of Chicago PMI data and the US Q3 GDP report, USD/JPY and USD/CAD have fallen to key support levels. USD/JPY A retest of the critical resistance level at 156.00 proved decisive for USD/JPY buyers….
investingLive Asia-Pacific FX news wrap: Gold cracked above US$4500, but then gave it back | investingLive
Asia session summary Japan’s November services PPI printed as expected at an elevated 2.7% y/y BOJ October minutes landed but were largely overlooked after December’s rate hike Broad USD weakness lifted G10 FX, with JPY, AUD and KRW outperforming APAC equities traded mixed in thin pre-holiday conditions Gold and silver extended gains, with silver breaking…
