Forex Free Trading Tips
USDCAD Pares Losses After Weak Ivey PMI Data
USDCAD reversed into an uptrend after the Bank of Canada decided to maintain the Overnight Rate on hold at 0.50% but stated that second-quarter gross domestic product was affected by a drop Read More →
Key Points
It is probably too early to dust off the policy-divergence playbook, but we still expect the USD to regain yield support and it should continue to do so as Fed expectations adjust towards the resumption of a tightening cycle.
Read More →A disappointing US ISM Non-Manufacturing yesterday did little damage to equity sentiment, major US equity indices were positive at close. Asia turned mixed this morning however.
USDJPY keeps heading south as we speak, and is currently trading at 101.44 Read More →
Call Options On EURUSD As Fed May Need To Stand Pat On Rates This September
EURUSD retested over one-week high at 1.12553 after a couple of data released on Tuesday that were not only far beyond earlier expectations but Read More →
