CAD: A Game-Changing Month For CAD; What’s Next? – ING

ING FX Strategy Research notes that June has been a game-changing month for our CAD outlook.

"Risks of a perfect storm brewing over the summer period have reduced with concerns over financial stability and NAFTA renegotiations easing.

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GBP: Maximum Uncertainty To Bite N-Term But Staying Bullish M-Term – Barclays

Barclays Capital FX Strategy Research is bearish on GBP in the near-term but remains bullish in the medium-term.

"The outcome of the UK general election has created challenges for Brexit negotiations and risks of no deal now look significantly Read More →

Gold Price Poised To Move Towards $1260 Vs US Dollar

Key Points

  • Gold price recently declined towards the $1240 support area where it found buyers against the US Dollar.
  • The price broke a bearish trend line on the hourly chart at $1242 to open the doors for more gains.
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