Euro Up as Italy Fears Fade, Canadian Dollar Falls with Crude Oil

TALKING POINTS – ITALY, EURO, SWISS FRANC, CANADIAN DOLLAR, CRUDE OIL Euro soars as Italy’s Mattarella vetoes eurosceptic cabinet nominee Swiss Franc retreats, Aussie and NZ Dollars rise as sentiment firms Canadian Dollar sinks as crude oil prices continue Friday’s selloff The Euro traded sharply higher to start the week after Italian President Sergio Mattarella […]

US Dollar: Break or Bounce, Setups on Both Sides

In this webinar, we looked at price action setups in the US Dollar after a pullback in the recent month-long bullish trend. This produces the possibility of bullish continuation, but that’s not the only possible setup, as short-side themes remain open of both very short and longer-term varieties. We looked at each in this webinar, […]

Asia AM Digest: Australian Dollar Faces CPI Amidst Stronger USD

To get the Asia AM Digest every day, SIGN UP HERE Current Market Developments – Alphabet Earnings, Poloz Speech Towards the end of Monday’s session, Google’s parent company Alphabet reported first quarter earnings after US market close. EPS and revenue ex-TAC beat estimates. Meanwhile, Bank of Governor Stephen Poloz testified to the Finance Committee. He […]

Canadian Dollar Rate Forecast: CAD Slips On Housing Data, Outlook Positive

Canadian Dollar Rate Forecast Key Takeaways: USD/CAD Price Forecast: Pullback to 200-DMA may provide a shorting opportunity Multiple fundamental factors backing Bullish technical view on CAD IG UK Client Sentiment Highlight: Retail long activity jumps, bias for downside emerges The risks that were causing traders to price out Bank of Canada rate hikes seem to […]