USD/CAD Looks Set to Arrest 4-Day Slump, Finding Support at the 20-Day MA

USD/CAD PRICE, CHARTS AND ANALYSIS: The Loonie Appears to Have Run Out of Steam Ahead of US CPI Release. BoC Deputy Governor Issues Warning Around the Potential of Renewed Price Pressures. IG Client Sentiment Data Shows Retail Traders are Currently Net-Short with 60% of Traders Holding Short Positions. To Learn More About Price Action,Chart PatternsandMoving

Rouble recovers after slump to seven-week low past 101 vs dollar By Reuters

© Reuters. FILE PHOTO: A vendor counts Russian rouble banknotes at a market in Saint Petersburg, Russia July 9, 2023. REUTERS/Anton Vaganov/File Photo By Alexander Marrow (Reuters) -The Russian rouble recovered ground on Friday, after weakening to a more than seven-week low past 101 against the dollar, under pressure from lower oil prices and the reduced supply

Gold Latest – XAU/USD Slump Continues as US Bond Yields Remain Elevated

Gold (XAU/USD) Analysis, Price, and Chart US Treasury yields remain near recent multi-year peaks. Gold is closing in on the late-February low at $1,805/oz. Download our brand new Q4 Gold Forecast Recommended by Nick Cawley Get Your Free Gold Forecast US Treasury yields remain within touching distance of multi-year highs head of a speech later

Sterling Slump Continues after Disappointing UK Retail Sales

GBP/USD News and Analysis UK retail sales disappoint – sending GBP/USD lower in early trade on Friday GBP/USD bearish momentum likely to continue into the weekend UK PMI data up next, potentially adding to the sterling selloff The analysis in this article makes use of chart patterns and key support and resistance levels. For more

AUD/USD, NZD/USD Soar on US Dollar’s Slump, Dead Cat Bounce Ahead of US CPI?

AUSTRALIAN DOLLAR OUTLOOK AUD/USD and NZD/USD rally on Monday, bolstered by broad-based U.S. dollar weakness The greenback’s pullback appears to be driven by profit-taking after a strong bullish run since mid-July Looking ahead, the U.S. inflation report for August, to be released on Wednesday, will be the main focus of the currency markets. Trade Smarter

Bitcoin (BTC), Ethereum (ETH) Slump to Multi-Month Lows, Volatility Back With a Vengeance

Bitcoin (BTC) Prices, Charts, and Analysis: Cryptocurrency market capitalization loses $60 billion in minutes. Ethereum ETF, Grayscale ruling, Jackson Hole Symposium. Recommended by Nick Cawley Get Your Free Introduction To Cryptocurrency Trading After weeks of listless trade and low turnover, volatility returned to the cryptocurrency market with a bang Thursday when the market slumped in

US bank stocks slump on Fitch downgrade warning, 10-year US yield turns south

Share: Fitch Ratings analyst told CNBC on Tuesday that the agency could downgrade several big lenders, including JPMorgan, as reported by Reuters.  The financial-heavy Dow Jones Industrial Average opened in negative territory following this headline and was last seen losing 0.6% on a daily basis. Reflecting the poor performance of bank stocks, the

Apple share slump weighs on the broader market

This bull market started with tech and it might die with tech. Amazon shares surged higher today on strong cloud revenue but Apple posted slowing sales, including of the iPhone and that has led to a heavy round of profit taking. Shares are down 4.6%. The entire summer run-up in Apple has now been erased