Share: Canadian Dollar falls back as broader markets turn into the US Dollar. Canada GDP flattens as economy lags, odds of future rate cuts beginning to rise. Fed’s Wednesday rate call has markets twisting, USD is Tuesday’s best performer. The Canadian Dollar (CAD) has seen a quick end to its almost-rally on Monday,
S&P 500 & GOLD PRICE FORECAST: Gold (XAU/USD) Struggles as Sentiment Improves. Will a Sustainable Move Above $2000/oz Materialize? S&P 500 Ended Last Week Down 10% from the YTD High. This is Usually Seen as a Correction. A Host of Earnings and Data Releases Lie in Wait. Will the Earnings and Data Releases be Able
Share: The GBP/JPY is seeing further downside on Monday, sliding from 182.00. Yen continuing to firm up heading into Tuesday’s BoJ showing. Low-impact UK data came in broadly red for Monday, one last bad print before Thursday’s BoE. The GBP/JPY is trading down into 181.00, with further declines on the cards back into
© Reuters Investing.com – The U.S. dollar edged higher in early European trade Monday, retaining last week’s strength at the start of a week that includes several central bank meetings, most importantly by the Federal Reserve, as well as a slew of important economic data releases. At 03:20 ET (08:40 GMT), the Dollar Index, which
© Reuters. FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration shot January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo By Rae Wee SINGAPORE (Reuters) – The dollar held steady in cautious trade on Monday and pinned the yen near 150 as traders looked
Crude Oil, WTI, Brent, US Dollar, Gold, FOMC – Talking Points Crude oil might be in for some sideways price action as the Middle East conflict unfolds Haven assets remain desirable amongst the noise and volatility as gold surges The markets appear poised with range trading across many markets Recommended by Daniel McCarthy Get Your
Gold, XAU/USD, US Dollar, Fed, FOMC, Treasury Yields, Real Yields, GVZ Index – Talking Points The gold price leapt to new highs as haven demand continues The psychological US$ 2,000 mark has been eclipsed with volatility ticking up The FOMC meeting lies ahead. Will it provide price swings for XAU/USD? Recommended by Daniel McCarthy Get
Share: AUD/USD holds positive ground around 0.6339 in early Monday. US Core PCE eased to 3.7% YoY vs. 3.8% prior, the headline PCE remain unchanged at 3.4%. Markets anticipate the Reserve Bank of Australia (RBA) to raise the cash rate at its meeting on November 7. The Fed rate decision this week will
Mon: German Prelim CPI (Oct), EZ Sentiment Survey (Oct), Japanese Retail Sales (Sep) and Industrial Output (Sep) Tue: BoJ Announcement + Outlook Report, Chinese Official PMIs (Oct), EZ Flash CPI (Sep) and GDP (Q3) Wed: FOMC & BCB Policy Announcements, RBNZ FSR, All Saints Day; Japanese Jibun Final Manufacturing PMI (Oct), Chinese Caixin Final Manufacturing
Share: EUR/GBP bottomed at a low of around 0.8695 and then recovered toward 0.8715. The EUR traded firm on Friday after the ECB’s decision on Thursday to hold rates steady. Focus now shifts to next week’s BoE decision on Thursday, which is also expected to hold rates steady at 5.25%. At the end
