Forex
USD/CAD advances toward 1.3700 ahead of US data, BoC policy meeting
The USD/CAD pair rises toward the round-level resistance of 1.3700 in Wednesday’s European session.
Risk to reward fallacy
Let's talk about risk to reward ratio. This is something controversial, because setting a fixed RR (reward to risk) like 3:1 isn't fully...
Pound Sterling trades sideways ahead of US ISM Services PMI, Employment data
The Pound Sterling (GBP) trades in a tight range above 1.2750 in Wednesday’s London session.
Canada Interest Rate Decision Preview: BoC expected to cut interest rates by 25 bps in June
There is universal anticipation that the Bank of Canada (BoC) will reduce its policy rate by 25 bps at its upcoming gathering on...
Digital euro is likely but not inevitable, says ECB digital currency chief
"I think there is certainly a high likelihood. But it is not inevitable at the moment."Until one of the major players pioneer the...
AUD/USD comes under pressure as US Dollar gains ground ahead of US economic data
The AUD/USD pair exhibits a subdued performance near 0.6650 in Wednesday’s European session.
Bitcoin Technical Analysis – The risk-on sentiment boosts the cryptocurrency
Fundamental OverviewThe mood in the markets has been slowly improving this week after the month-end flows last week impacted the risk sentiment. The...
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data.
Broader markets continue to wait on the ADP roulette
In FX, USD/JPY is the main mover on the day with the pair up 0.9% to 156.20 currently. Besides that, USD/CHF is up...
Mexican Peso recovers after Finance Minister calms markets
The Mexican Peso (MXN) recovers by more than one percent in its most traded pairs on Wednesday, after the Mexican Finance Minister, Rogelio...