Forex
USDCAD backs off from key swing area today.
The USDCAD on Friday, moved higher after stronger US jobs report and weaker Canada jobs. The move higher took the pair above a...
Mexican Peso rallies to new nine-year high ahead of Mexico CPI
The Mexican Peso appreciates further against the US Dollar on Monday with Peso buyers breaching the October 2015 high after overcoming the psychological...
WH: CIA Director Burns in Cairo and hostage negotiation presented to Hamas. Await response
The White House is a saying that CIA Director Burns was in Cairo over the weekend, and a new proposal was presented to...
European major indices closing mostly higher
London/European traders are looking for the exits. The major indices closed higher with the exception of the Spain's Ibex which fell marginally:German DAX...
AUDUSD moves above the 100 day MA as buyers make a play
The AUDUSD has pushed to a new session high-end in the process has moved back above its 100-day moving average. On Friday, the...
BofA: Here is what we expect from Wednesday’s US March CPI print
Bank of America forecasts a more moderate core CPI inflation for March, suggesting potential relief in inflationary pressures. Core CPI is expected to...
NY Fed: March one-year expected inflation unchanged at 3%
The Federal Reserve Bank of New York's latest Survey of Consumer Expectations showed on Monday that the US consumers' one-year inflation expectation held...
NY Fed inflation expectations: Three-year inflation expectations 2.9% vs 2.7% prior
One year inflation 3.0% vs 3.0% priorThree year inflation expectations 2.9% vs 2.7% priorFive year inflation 2.6% vs 2.9% prior Expected home price...
EURUSD and GBPUSD moves to new highs on the day. What next?
The USD moved to new lows vs the EUR and GBP (new highs for the EURUSD and GBPUSD) in US morning trading. THe...
Goldman Sachs maintains short EUR/CAD position ahead of ECB meeting
Goldman Sachs holds a bearish outlook on EUR/CAD, targeting a move to 1.44, in anticipation of this week's ECB meeting. The firm argues...