Canada Inflation Reaches 40-Year High, USD/CAD Stops at the 50 SMA
Headline CPI inflation increases to 8.1% in Canada in June against 8.4% expected, but that's still a 4-decade high Full Article
Forex Signals Brief for July 14: Will EU Economic Forecasts Send EUR/USD Below Parity?
Yesterday we saw some rollercoaster price action after the US CPI inflation jumped to 9.1% in June Full Article
Forex Signals Brief for July 13: US Inflation and BOC 75 bps Rate Hike After RBNZ 50 bps Hike
The risk-off sentiment continued yesterday as well in financial markets, and we continued to book profit on our forex and crypto signals Full Article
USD/CAD Falls Below $1.30 Again, As Odds of 75 bps Hike by the BOC Increase
The USD is retreating today while the CAD is increasing as CPI inflation pushes higher, with the BOC priced in to deliver a 75 bps hike Full Article
Is This the End of the Retreat for USD/CAD at the 200 Daily SMA?
The BOC hiked rates by 50 bps but USD/CAD is reversing higher as this pair bounces off the 200 SMA on the daily chart Full Article
BOC Might Stop Rate Hikes Soon, As Housing Starts Weakening
Can the BOC keep the rate hike pace throughout this year, as hiking rates affects the housing sector negatively? Full Article
Forex Signals Brief for June 1: Can Chinese Manufacturing Unclog the Supply Bottleneck?
yesterday's Chinese manufacturing PMI showed an improvement, which should be visible today in the Caixin manufacturing report too Full Article
Bullish Pattern in AUD/CAD After the Reversal Following Canadian GDP
AUD/CAD is resuming the bullish trend after bouncing off the 100 daily SMA, following the Canadian GDP report Full Article
USD/CAD Falls Within the Range Again As CPI Increases
CPI inflation ticked higher to 6.8% in April, although it remains lower than in most western countries Full Article
The CAD Jumps After Bank Of Canada Hikes Interest Rates by 0.50%
USD/CAD has lost around 1 cent after the Bank of Canada hiked interest rates by 50bps, increasing them to 1% Full Article
US Retail Sales and Canadian Inflation Keeps USD/CAD Trading Sideways
Inflation is picking up fast in Canada as well which will force the BOC to turn hawkish soon Full Article
BOC Neutrality Keeps USD/CAD Bullish
USD/CAD has resumed the bullish trend this week and the Bank of Canada is keeping the sentiment like that Full Article
USD/CAD at Deciding Level After the BOC Meeting
USD/CAD facing the 20 daily SMA after the BOC meeting today Full Article
US Dollar Trades Range-bound Ahead of JOLTS Job Openings Report
The US dollar is trading somewhat range-bound under the 96.50 level against other major currencies as markets absorb latest developments Full Article
Forex Economic Calendar Review: Top 5 Reports Impacting the Market
In this update, we will sum up and review the top economic events that have impacted the market during the last week. Our focus will be on t Full Article