Canadian Dollar Outlook After BoC Stands Pat: USD/CAD, EUR/CAD, AUD/CAD

[ad_1] Canadian Dollar Vs US Dollar, Euro, Australian Dollar – Outlook: USD/CAD is testing major resistance. AUD/CAD is attempting to rebound from strong support. No sign of reversal of EUR/CAD’s broader uptrend. What is the outlook and key levels to watch in USD/CAD, EUR/CAD, and AUD/CAD? Looking for actionable trading ideas? Download our top trading

Weekly Market Outlook (30-03 November)

[ad_1] UPCOMING EVENTS: Monday: Australia Retail Sales. Tuesday: Japan Jobs data, Japan Retail Sales and Industrial Production, Chinese PMI, BoJ Policy Decision, Swiss Retail Sales, Eurozone GDP and CPI, Canada GDP, US ECI, US Consumer Confidence, New Zealand Jobs data. Wednesday: Chinese Caixin Manufacturing PMI, US ADP, Canada Manufacturing PMI, US ISM Manufacturing PMI, US

Euro Technical Outlook – Trend Break Might be Short Lived for EUR/USD

[ad_1] Euro, EUR/USD, US Dollar, Trend Breakout, Candlestick, Bollinger Band – Talking Points Euro bulls were rewarded earlier this week before a pullback surfaced The technical set-up from the recent rally might see Euro bears re-enter the fray The squeeze higher appears to have been rejected for now. Will EUR/USD go lower? Recommended by Daniel

Dollar bounces, euro heavy on US/euro zone growth outlook divergence By Reuters

[ad_1] 2/2 © Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo 2/2 By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Wednesday, drawing support from yet another resilient U.S. economic data reading, while the euro struggled to make

Canadian Dollar’s Outlook Hinges on Bank of Canada. What to Expect for USD/CAD?

[ad_1] Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: Euro Weekly Forecast – EUR/USD, EUR/GBP Await ECB. Breakout or Breakdown Ahead? The Bank of Canada will announce its October monetary policy decision on Wednesday. The institution headed by Tiff

Weekly Market Outlook (23-27 October)

[ad_1] UPCOMING EVENTS: Tuesday: AU-JP-EZ-UK-US PMIs, UK Unemployment Rate. Wednesday: Australia CPI, German IFO, BoC Policy Decision. Thursday: ECB Policy Decision, US Durable Goods, US GDP Q3, US Jobless Claims. Friday: Tokyo CPI, Australia PPI, US Core PCE. Tuesday The ONS last week published only the figures on the workers’ earnings, vacancies and real time

USD/CAD sees downside below 1.3680 Middle East tensions improve oil price outlook

[ad_1] Share: USD/CAD refreshes day low as higher oil prices strengthen the Canadian Dollar. Canadian Retail Sales report indicates that automobile demand remained weak. The US Dollar turned soft due to neutral guidance from Fed Powell. The USD/CAD pair faces selling pressure after a less-confident pullback move to near the round-level resistance of

AUD/USD Extends Recovery but Outlook Remains Murky

[ad_1] AUD/USD OUTLOOK: AUD/USD rises for the second straight day Despite today’s moves in FX markets, geopolitical tensions in the Middle East and rising U.S. Treasury yields create a hostile backdrop for the Australian dollar This article looks at key AUD/USD’s technical levels to watch this week Trade Smarter – Sign up for the DailyFX

BOJ reportedly mulls raising price outlook for the current fiscal year

[ad_1] The report says that the price outlook for the fiscal year 2023 is being considered to be revised higher to closer to 3%. Meanwhile, the Japanese central bank is said to discuss raising the price outlook for the fiscal year 2024 to 2% or above but to keep the outlook for the fiscal year