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USDCAD – US Dollar Remains At Risk Vs Canadian Dollar

Key Points

  • The US Dollar made a downside move towards 1.2050 against the Canadian Dollar before starting a correction.
  • There is an ascending channel forming with support at 1.2165 on the hourly chart of USDCAD.
  • Recently in Canada, the New Read More →

GBP: 3 Reasons For Downside Risks But Won’t Fight Against N-Term Strength – Barclays

Barclays Capital FX Strategy Research comments on GBP direction in the aftermath of today's BoE meeting in which the central bank maintained a 7-2 vote in favor of keeping the policy unchanged.

"We maintain conviction in modest GBP appreciation Read More →

Dollar holds ground despite North Korea missile test

The dollar crept higher against the yen on Friday, despite yet another North Korea missile test over Japan into the Pacific Ocean. The greenback withstood heavy selling pressure but recovered over a hundred points and now trades at session highs.

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GBP: Back To Our November BoE Hike Call; GBP/USD Could Easily Test Mid-1.3500 – BTMU

BTMU FX Strategy Research Research comments on the outcome of today's BoE meeting in which the central bank maintained a 7-2 vote in favor of keeping the policy unchanged.

"In light of today’s developments, we are reverting back to Read More →