USD/CAD: Short-Term Momentum Slows, Approaching Neutral Territory – Scotiabank
The Canadian dollar (CAD) was little changed on the day. Sean Osborne, chief currency analyst at Scotiabank, said weakness in…
EUR/GBP Struggles Near 0.8350 as BoE’s Cautious Stance Sparks Downside Concerns
EUR/GBP is likely to weaken due to the latest UK economic report supporting cautious rate cuts from the Bank of…
Canada’s October CPI Expected to Remain Below 2%, Paving the Way for Further Bank of Canada Rate Cuts
Canada’s inflation rate is expected to rise by 1.9% annually in October. The Bank of Canada has cut its policy…
USD/CHF Stays Under 0.8900 Amid Rising Russia-Ukraine Conflict Concerns
USD/CHF is trading lower near 0.8875 in European markets on Monday. U.S. retail sales rose 0.4% in October, up from…
Gold Prices Hover Near Two-Month Low Amid Strong Dollar and Rising US Bond Yields
Gold prices remain in heavy sell-off amid ongoing Trump trade tensions. Optimism about strong U.S. economic growth pushed the dollar…
EUR/AUD Price Outlook: Bearish Momentum Continues Around 1.6250
EUR/AUD fell to around 1.6250 during the Asian session on Wednesday. The cross is forming a bearish trend below the…
Gold Struggles Near One-Month Low as USD Strengthens, Bears Target $2,600 Break
Gold prices remained near their lowest levels since Oct. 10. The Trump-related market has kept bond yields near multi-month highs,…
GBP Experiences Volatility Ahead of UK Employment Report
Average earnings excluding bonuses are expected to rise by 4.7% from 4.9% previously. Slower wage growth will increase expectations for…
Gold Price Gains Momentum as Investors Eye Upcoming US NFP Data
Gold prices traded in the positive territory in the Asian session on Friday. Uncertainty over the US election and regional…
USD/CHF Holds Near 0.8650 with Potential Upside as US Treasury Yields Rise
USD/CHF will gain further value as US Treasury yields rise and the US dollar strengthens. The dollar was also supported…