Canadian Dollar Price Outlook: CAD Rallies as BoC Holds Rates

USD/CAD hastened its fall from a key zone of resistance after this morning's Bank of Canada rate decision saw no changes to policy.


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EUR/USD Recovers, GBP/USD Rallies, USD/CAD Eyes BoC Risk - US Market Open

GBP/USD rallies as short positions are squeeze, however, uncertainty persists. EUR/USD reclaims 1.10 as ECB President Nominee and EZ PMIs underpin.


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US Dollar Price Outlook: EUR/USD, GBP/USD, USD/CAD, AUD/USD

The US Dollar has snapped back with aggression, erasing a large portion of the holiday breakout that ran into yesterday morning.


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Canadian Dollar Price: USDCAD Trend Eyes Bank of Canada Rate Decision

The recent Canadian dollar weakness against the US dollar may come under pressure later in the session as the Bank of Canada releases its latest interest rate decision. Nearby USDCAD support may come under pressure.


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Sterling (GBP) Price Outlook Rattled by Brexit Confusion, PMI Weakness

Sterling remains under pressure with little scope for a sustained upside move as Brexit continues to weigh on market sentiment, while the latest batch of PMIs point to the UK economy contracting in Q3.


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Hang Seng (HKD) Surges with Carrie Lam Set to Withdraw Extradition Bill

Hong Kong assets surged with the Hang Seng posting its strongest daily performance since November 2018 amid reports that HK’s Carrie Lam is to withdraw the extradition bill.


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DAX 30 & CAC 40 Charts: Near-term Strength May Soon Fade

The German and French benchmarks are continuing to rally in the near-term, but quickly arriving at points where they could turn down.


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Gold Price Outlook Bullish, Silver Prices Erupt, Further Room to Outperform Gold

Risks remain tilted to the upside for Gold in the longer term. Elsewhere, silver prices explode higher with further room to outperform gold amid a pullback in the GSR.


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USD/CHF, EUR/CHF Technical Outlook: Possible Price Raise as Support Holds

Yesterday EUR/CHF and USD/CHF rebounded at well known support levels. Here are the key chart point traders may need to follow closely.


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AUD/USD Technical Analysis: Choppy Range Keeps Trend Bias Bearish

The Australian Dollar is struggling for near-term trend development, but overall positioning continues to suggest the path of least resistance leads lower.


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GBPUSD Clouded with Mixed Signals as UK Prepares for Snap Election

The near-term outlook for GBPUSD is clouded with mixed signals as UK Prime Minister Boris Johnson prepares for a snap election.


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Stocks Mostly Up On Data Relief But Japanese Automakers Struggle

Asian markets were mostly higher, despite US falls in the previous session, as regional economic numbers managed to defy the gloomier forecasters.


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Crude Oil Prices at Risk if Bank of Canada Feeds Slowdown Fears

Crude oil prices may fall if a downbeat policy statement from the Bank of Canada feeds fears about slowing economic growth and weighs on cycle-anchored assets.


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S&P 500, Dollar, Pound Volatility Return Alongside September Liquidity

US liquidity filled out this past session as traders came back from a long holiday weekend. Upon their return, they were met with the same heavy fundamental seas we have experienced for weeks. Beware breakouts.


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Australian Dollar Gains As 2Q GDP Comes In Right As Expected

The Australian Dollar rose following the release of a set of official growth figures which, while quite uninspiring historically speaking, were at least enough to banish suspicions of a really soft turnout.


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EURUSD Rebound in Focus Amid Dismal ISM Survey, Mixed Fed Rhetoric

EURUSD may stage a larger rebound over the coming days as signs of a slowing economy puts pressure on the Federal Reserve to reverse the four rate hikes from 2018.


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Dow Jones September Forecast: Expect a Return of Volume and Volatility

August's end signals the conclusion of summer trading and marks the advent of greater volume and volatility for the Dow Jones which maintains a historically negative return in the month of September.


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GBP/USD, GBP/JPY, EUR/GBP Set for Volatility on Brexit Vote in UK Parliament

Traders should be anticipating a high degree of volatility across the GBP-crosses as the UK parliament tries to determine what the next steps are in the Brexit process.


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Forex Economic Calendar Week Ahead: Brexit Vote, BOC Meeting, US NFP & More

The first week of September will bring back trading volumes amid a steady stream of important data releases and events.


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USD/CAD Price Outlook Ahead of Bank of Canada Rate Decision

The September Bank of Canada interest rate decision is slated for Wednesday's trading session and stands to send the Canadian Dollar swinging.


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