EURUSD: Italian Risk Remains, NFPs Loom

EURUSD News and Talking Points – Italian risk lowered but not removed. – EURUSD may weaken further on a strong US non-farm payroll print. The DailyFX Q2 Trading Forecasts for all major currencies, commodities and indices, are now availableto download to help you make more informed trading decisions. EURUSD Remains Under Pressure Italian financial markets […]

USD Strategy for Bullish and Bearish Scenarios as the Dollar Remains Near Lows

Talking Points: – This week’s economic calendar is back-loaded, with little by way of excitement until Wednesday and Thursday of this week. Wed marks the start of the Fed’s twice-annual testimony in front of Congress, and the Bank of Canada announces an interest rate decision. – The U.S. Dollar remains near 10-month lows as we […]

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Canadian Dollar Remains Weak Thanks to Oil Decline, Data Generally Soft

Fundamental Forecast for USD/CAD: Bullish – USD/CAD has rallied towards the top of a six-month range but further weakness may lie ahead – Canadian unemployment data posts significant beat, stabilizing Loonie. – Fed rate decision, oil inventories on Wednesday likely to drive oil, with repercussions for USD/CAD. The Canadian dollar has been range bound for […]