Canadian Dollar Outlook: Bank of Canada will Drive the Next Move in USD/CAD

The Bank of Canada is fully expected to leave rates untouched tomorrow, but traders should be wary of official inflation and bond-buying commentary.

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Crypto Update: Bitcoin (BTC) and Ethereum (ETH) Aim for ATH as Rally Continues

Cryptos are back on the rise as investors continue to buy the dip ahead of new all-time highs

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British Pound (GBP) Price Outlook: GBP/USD Gains Unlikely Ahead of BoE Rate Decision

GBP/USD continues to trade just under the psychologically important 1.38 level, with further upside limited ahead of the Bank of England’s next interest rate decision on November 4.

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Australian Dollar Skips Up on Soft US Dollar and Positive Risk. Will it Go Higher?

The Australian Dollar moved higher today as risk assets appreciated on solid company earnings reporting a thawing of China/US relations. Can AUD/USD keep going?

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Gold Prices Eye Consumer Confidence Data as Technical, Positioning Signals Clash

Gold prices rallied to wrap up Monday ahead of key US CB Consumer Confidence data. Technical analysis hints at near-term weakness, but retail trader positioning says otherwise.

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Copper Price Rallies on Shrinking Chinese Inventories, Supply Chain Bottlenecks

Copper prices declined on lower than expected inventories in Shanghai warehouses on Monday as fears over a global supply shortage take center stage.

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Nasdaq 100 Leads Monday Rebound as Facebook Posts Mixed Q3 Earnings

Tech stocks outperformed on Monday as Tesla shares gained over 12%, pushing the company's market capitalization over $1 trillion. Facebook missed analyst expectations on the top line.

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S&P 500 Notches Record Close as Strong Earnings Ease Worries, XOP hits 52-week high

S&P 500 closes at an all-time high, bolstered by solid corporate results ahead of big tech earnings. Meanwhile, the XOP ETF hits a 52-week high, boosted by strength in commodity prices.

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S&P 500 and Nasdaq 100 Gain for Fourth Day in a Row as Traders Await Key Earnings

S&P 500 closes at an all-time high, bolstered by solid corporate results ahead of big tech earnings. Meanwhile, the XOP ETF hits a 52-week high, boosted by strength in commodity prices.

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Oil Price Outlook: US Crude (WTI) Oil, COP26 & the Energy Crisis

Coal and gas shortages continue to support the bullish trend as the battle between energy prices and climate persists

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FX Week Ahead - Top 5 Events: Australia CPI; BOC, BOJ, ECB Rate Decisions; US GDP

The end of October brings forth several central bank rate decisions and initial 3Q’21 GDP releases from G10 economies.

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AUD/USD Rate Recovery to Face Slowdown in Australia CPI

The update to Australia’s CPI may do little to derail the rebound in AUD/USD as the report is anticipated to reinforce expectations for a transitory rise in inflation.

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Tesla Stock up Nearly 11% After Hertz Order of 100,000 Cars

Tesla and Hertz Corporation announced a ground breaking deal Monday, pushing the EV market into the previously untapped rental space.

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S&P 500, Nasdaq, Tesla & USD Forecasts: A Big Week for Markets

It's a huge week for markets, and next week brings the Fed's expected tapering announcement.

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USD/CAD Rate Outlook Hinges on BoC Interest Rate Decision

The Bank of Canada (BoC) interest rate decision may influence the near-term outlook for USD/CAD if the central bank alters the course for monetary policy.

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Why COP26 Matters for Markets

Against the backdrop of rising energy prices leading to economic fallout for economies in Asia, Europe, and North America, COP26 is set to begin on October 31.

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DAX 40, S&P 500 Technical Forecasts: Bullish Momentum Builds

Strong earnings and upbeat market mood are helping global stocks regain bullish momentum

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Gold Price Rally May Have More to Go in The Short-Term

The short-term outlook for gold is looking more positive with last Friday's spike high coming under threat, but strong resistance nears.

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US Dollar Price Action Set-Up: EUR/USD, GBP/USD, USD/CAD

USD challenging support. Euro gains curbed at former YTD. GBP eyes BoE Speech.

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Crude Oil Jumps Up as US Dollar Weakens and Powell Alters Course. Can Oil Go Higher?

WTI and Brent crude oil both hit lofty levels today as inflation is acknowledged as being more persistent than previously thought. Will crude continue higher?

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