Browsing Tag

GBPCAD

The Week Ahead: Trade Complication

USDJPY Rises Back as Trade Talks Resumes The US dollar has seen its sell-off stalled across the board as investors await new catalysts for the next directional move. While bargain hunting and short covering have helped the…

The Week Ahead: Herd Immunity

EURAUD Struggles to Keep High Ground The euro is facing strong headwinds as the block struggles to come up with a concerted rescue plan. Calls for joint bonds to finance coronavirus-related policies have met resistance from Berlin, which…

The Week Ahead: Out Of The Woods Yet?

Trade of the week USDCHF Makes A Comeback The US dollar has been holding strong against major currencies ahead of the Fed’s first meeting of the year. Market participants eagerly await the central bank’s policy outlook for 2020. As…

The Week Ahead: Inflation-Focused

Trade of the Week GBPCAD Struggles to Rally Higher The British pound is in a recovery mode after Bank of England Governor Carney’s dovish comment last week. Speculations run rife that the central bank will cut rates this year, even…