USD/CAD refreshes intraday high amid broad USD strength.
Sluggish WTI, risk-tone sentiment adds to the pair’s strength.
US Jobless Claims, ISM Services PMI and Canadian trade numbers will be the key ahead of Friday’s job report.
USD/CAD extends the early-Asian recovery from 1.3037 to 1.3072, up 0.2
Retail Sales overview
Early Friday, the market sees the preliminary reading for the July month Retail Sales data from Australia at 01:30 GMT. Following a 16.9% increase in May and a milder rise of 2.7% in June, markets are expecting another firm print as the period comprises of further easing of loc
Silver prices drop for a considerable discount for the committed bulls.
Silver could be an attractive buy on dips, according to analysts at TD securities.
Is the dollar really on the road to a full to recovery,? Fundamentals say no.
Precious metal prices fell sharply as investors took profits amid
The Hong Kong stock market has moved lower in consecutive trading days, sinking more than 650 points or 2.7 percent along the way. The Hang Seng Index now rests just above the 24,600-point plateau although it may halt its slide on Tuesday.
The global forecast for the Asian markets is upbeat on hopes
Bank of Japan comments after Japan bank lending in June rose 6.2%, the fastest ever on record
Surge in bank lending reflects increase in corporate fund demand due to coronavirus pandemic
deposits and CDs at Japan banks rise 8.0% yr/yr in June, fastest pace on record
cash payouts to households, b
Trade Proposal: There is a probability of first tp to the proposed (0.70627) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: CADCHF Waiting for the Range Bound and the beginning of the Ascension Tr
International border restrictions are expected to last for a prolonged period, said the Australian Trade Minister Simon Birmingham on Wednesday.
“The return of international students can be more easily accommodated. “
“Open tourist traffic into Australia might not be until next yea
Daily Pivots: (S1) 1.2504; (P) 1.2554; (R1) 1.2654;
Intraday bias in GBP/USD remains mildly on the upside at this point, for retesting 1.2813 short term top. Firm break there will resume larger rise from 1.1409. On the downside, though, sustained break of 55 day EMA will argue that whole rebound fro
This has been only been run twice (I should run six). But scale is so big I feel pretty comfortable with this. This features Regressed Bollinger Bands , that's why they don't look normal. I will update this from time to time.
Japan's Gross Domestic Product for the first quarter (Q1, QoQ) arrived -0.6% vs -0.5% expected, the yen was stable on the release.
Japan Jan-March revised real GDP -0.6% QoQ (prelim -0.9%, Reuters poll -0.5%).
Japan Jan-March revised real GDP annualised -2.2% (prelim -3.4%, poll -2.1%).
Coinbase.com has launched support for OmiseGo (OMG) as the major American crypto exchange and wallet provider continues to ramp up the number of altcoins available for trading. The new coin is now available for retail investors through the company’s Android and iOS apps.
Announced last w
The US Dollar
The US dollar remains the market's unsinkable Molly Brown. US capital market exceptionalism, led by the mercurial SP 500, continues to stand tall among all others. Until there’s a viable and attractive non-US investment proposition, the Greenback could remain uncrackable. While it rema