USD/CAD Supported After Subdued Inflation Data from Canada
USD/CAD Supported After Subdued Inflation Data from Canada
Today (12/19) we had inflation data in the form of CPI and demand data in the form of retail sales, from Canada. CAN CPI m/m (November): ...
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USD Strength Cloaking Gold’s Shine
USD Strength Cloaking Gold’s Shine
USD-Strength; FOMC: This week, the USD got back its groove and strengthened across the board, especially after the FOMC statement, which essentially ... Continue reading
USDCAD Ready to Test Forex Support – Dec 19, 2014
USDCAD Ready to Test Forex Support – Dec 19, 2014
USDCAD has been on a short-term uptrend, as shown by the ascending forex support trend line connecting the pair’s recent lows. Price looks ... Continue reading

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Technical Outlook

Even when the USD was giving back its gains, the AUD/USD remained bearish. While the EUR/USD and GBP/USD for example consolidated, or even rallied, the AUD/USD remained pressured and is now pushing into new lows on the year, carrying a...
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Stock Picks

US stocks dropped on Friday putting the S&P 500 on track to snap the seven weeks of gains with oil prices dropping to fresh lows of five years after disappointing China data. The S&P 500 ended the day 1.6% lower to $2,00...
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Technical Analysis

Today (12/19) we had inflation data in the form of CPI and demand data in the form of retail sales, from Canada. CAN CPI m/m (November): -0.4% Forecast: -0.2% Previous: 0.1% Core CPI m/m (Nov.): -0.2% Forecast: 0.1% Previous: 0...
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Bitcoin News

Following are the major Bitcoin news of the day NYDFS Presents a New BitLicense Benjamin Lawsky, superintendent of the New York Department of Financial Services, presented the revised version of the Bitcoin regulatory framework...
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