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 […]


Chinese Yuan Slips After Round of Disappionting Lending, Investment Data

Talking Points USD/CNH climbed through Friday’s close helped by Chinese new Yuan loans released Banks issued 463.6 billion (CNY) in July versus 900 billion estimated Lending and foreign investment figures follow disappointment in retail, production and assets Having trouble trading the Australian Dollar? This may be why. The Chinese Yuan was helped along in its […]