Canadian Dollar (CAD) Eyes Latest Inflation Report

Canadian Dollar Price, News and Analysis Inflation expected unchanged, but any uptick could seal another rate hike in October. Canadian economy continues to grow strongly. IG Client Sentimentshows retail are 46.3% net-long of USDCAD – a bullish contrarian sentiment indicator. Canadian Dollar May Receive a Boost on Latest Inflation Report The Canadian dollar is currently […]

USD Rise at Risk of Exhaustion, Eyes on FOMC and NFP

USD Analysis and Talking Points Signs are arising for the US Dollar to top out Aside from Trade Wars focus is on FOMC and NFP See our Q3 FX forecast to learn what will drive major currencies throughoutthe quarter. Given the holiday thinned trade with US participants away for Independence Day, the USD index has […]

S&P 500 Bulls Undeterred by Hawkish Fed; Eyes on Slope Resistance

What’s inside: Hawkish FOMC only causes only minor intra-day volatility, market snaps back Recent breakout might continue, but history hasn’t been kind to chasers A pair of top-side trend-lines could be problematic, bring in next way of weakness Struggling to gain momentum in your trading? Check out this beginner’s guide – Building Confidence in Trading […]

US Dollar Eyes CPI But Geopolitics May Trump Data Impact

Talking Points: Yen gains while Aussie, NZ Dollars sink as risk aversion extends to Asia US Dollar may be forced to look past CPI data amid geopolitical jitters Are FX markets matching DailyFX forecasts so far in Q3? Find out here The sentiment-linked Australian and New Zealand Dollars slumped while the perennially anti-risk Japanese Yen […]

Silver-Eyes-Key-Resistance-Weakness-to-Be-Viewed-as-Opportunity_body_Picture_6

Silver Eyes Key Resistance- Weakness to Be Viewed as Opportunity

Talking Points Silver rally at risk near-term, broader outlook remains constructive Updated targets & invalidation levels Looking for more trade ideas? Review DailyFX’s 2017 Trading Guides. Join Michael for Live Weekly Trading Webinars on Mondays at 13:30GMT (8:30ET) Silver Daily Technical Outlook: Silver prices are responding to a key resistance confluence at 17.74/86– this region […]