Canadian Dollar (CAD)

XAUUSD (yellow metal) losing momentum Gold sank over $60 as the ongoing geo-political tensions meant a choppy ride for the XAUUSD (yellow metal). Prices are trying to safeguard their recent gains after a slight dip in price action…
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EURUSD looks for direction The euro continued its dominance over the American dollar (USD) after the pair bounced over 300 pips higher. As sentiment remains upbeat from the medium-term perspective, the recent move could be an opportunity…
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The Dow(US30) continues choppy upturn The Dow(US30) shrugged off the latest credit downgrade to end another positive session. A move above the recent high of 42500 has put bears under pressure, and with layers of support underneath,…
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SPX500 (S&P) jumps higher The SPX500 (S&P) climbed for a fourth straight session as the US and China tariff agreement rumbles on. With Treasury yields also falling, this provided a boost to stocks. The jump above 5700 indicates…
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Dow(US30) continues uptrend The Dow(US30) remains bullish, with tech-heavy stocks rejoicing over the recent US trade deal. The index has found solid buying interest, and a quick bounce above 42000 has forced short-term sellers to…
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USDCAD (Canadian dollar) finding support The USDCAD (Canadian dollar) lost a bit more ground to its neighbour as last week’s Fed decision kept the greenback elevated. Fed Chair Jerome Powell set a muted tone on whether there would be…
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Canadian dollar (USDCAD) stuck in a range The Canadian dollar (USDCAD) looks for further direction as price action remains stuck sideways. The pair remains in a long-term consolidation as 1.3770 is an important support to prevent…
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USDCAD remains bearish Trade tariffs have been the centre of attention in the past few months as the worries over an upcoming recession seem more and more likely. As the greenback continues its sell-off, traders have given up on a…
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USOIL(WTI crude) hitting a higher high USOIL(WTI crude) continues to push as price action remains bullish, even after a slight dip. After moving back above 64.00, the commodity now has its sights set on a new high towards 65.50, which…
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There is considerable uncertainty about what the BOC will do at the conclusion of its policy meeting on Wednesday. With all that's going on with tariffs, news could drop at any moment that could shake up the markets. Combining these…
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