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Tag: Canadian dollar

Gold dips to $2,330 as tempered Middle East tensions weaken safe-haven demand

Gold price drops as investors see no immediate escalation in Israel-Iran tensions. Fizzling Fed rate cut prospects combined with easing geopolitical fears weigh on Gold. Fed’s...

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Canadian dollar dives as US CPI dampens Fed easing hopes

Canadian Dollar dives as US Dollar rallies after strong US CPI data. Bank of Canada keeps rates on hold but hints at rate cut, probably...

USD/CAD Forecast: Rate Cut Bets Surge Ahead of US CPI

Analysts expect the headline US inflation figure to have slowed to 0.3% in March. The likelihood of a Fed cut in June rose to 58%.  Traders...

Intraday Analysis – WTI crude Looks for $100 – Orbex Forex Trading Blog

WTI crude breaks major resistance WTI crude continues to push as it closes out the recent weekend gap. After moving back above 86.00, the...

Gold bulls turn cautious near all-time peak amid reduced Fed rate cut bets, positive risk tone

Gold price enters a bullish consolidation phase near an all-time peak touched on Monday. Reduced Fed rate cut bets cap gains for the non-yielding metal...

The Week Ahead – Fed rate cut confirmation – Orbex Forex Trading Blog

EURUSD hoping to hold on to gains The euro bounced back from the February low as Jerome Powell reiterated the Fed was at a...

Canadian dollar edges lower ahead of Cdn., US job reports – MarketPulse

The Canadian dollar is slightly lower on Friday....

USD/CAD Outlook: Dollar Drops as Unemployment Claims Surge

US unemployment claims rose more than expected last week. Data revealed a slowdown in the US services sector. Oil prices rose on Thursday amid supply concerns. The...

Intraday Analysis – USD Hits Another High – Orbex Forex Trading Blog

USDCAD regains focus The Canadian dollar witnessed a pullback after an uptick in manufacturing PMI data. The pair fell lower on the chart after...

Bitcoin Price Plunges Below $67,000, Crypto Market Sees $426 Million in Liquidations – Decrypt

Bitcoin's price dropped to below $67,000 Tuesday morning, erasing gains made over the previous week.Per data from CoinGecko, Bitcoin is down 4.6% on the...

The Future of Forex Trading in the FinTech Era – Innovations and Implications

March 29, 2024 Image: Yahoo Finance, CAD/USD ChartThe world of international finance is characterized by millions of transactions daily. Canada remains an important player...

USD/CAD Forecast: Bank of Canada Flags Low Productivity

BoC’s Carolyn Rogers urged businesses to increase productivity by supporting investment. Data from Canada revealed a 0.8% increase in wholesale trade in February. The dollar was...

USD/CAD treads water near 1.3600 amid higher Crude oil prices

USD/CAD attempts to continue its winning streak on Monday. Fed member Bostic forecasted only one interest rate cut instead of his earlier projection of two...

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