USDCAD – US Dollar To Trade Towards 1.3430 Vs Canadian Dollar

Key Points

The US Dollar is currently struggling against the Canadian Dollar and remains below the 1.3500 resistance.
The USDCAD pair is about to break a major bullish trend line at 1.3460 on the hourly chart.
Recently in the US, Read More →

Eurozone Retail Sales Rise Slightly In April

FX News 11046

7 years ago admin

Eurozone Retail Sales Rise Slightly In April

EUR: ECB To Deliver A ‘Hawkish Twist’ This Week – Danske

Danske Bank FX Strategy Research expects a hawkish tone from the ECB at the meeting this week after it was perceived as slightly dovish at the latest meeting.

"A lot of speculation among market participants has been on whether Read More →

EURUSD – Euro To Dollar Eyeing Upsides Above 1.1285

FX News 11046

7 years ago admin

EURUSD – Euro To Dollar Eyeing Upsides Above 1.1285

Key Points

The Euro remains in a nice uptrend against the US Dollar, and currently trading above the 1.1250 support.
The EURUSD pair is following a major ascending channel pattern with support at 1.1240 on the hourly chart.
Recently in Read More →

U.S. Factory Orders Pull Back In Line With Estimates In April

FX News 11046

7 years ago admin

U.S. Factory Orders Pull Back In Line With Estimates In April

USD/JPY: Range-Bound With Declining Volatility – Barclays

Barclays Capital FX Strategy Research notes that USD/JPY has remained in a tight range around 110-112 since mid-May amid declining UST yields and solid risk asset performances.

"A lack of any market-moving events out of Japan, should keep USDJPY Read More →

Monthly archive June, 2017

USDCAD – US Dollar To Trade Towards 1.3430 Vs Canadian Dollar

Eurozone Retail Sales Rise Slightly In April

EUR: ECB To Deliver A ‘Hawkish Twist’ This Week – Danske

EURUSD – Euro To Dollar Eyeing Upsides Above 1.1285

U.S. Factory Orders Pull Back In Line With Estimates In April

USD/JPY: Range-Bound With Declining Volatility – Barclays

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