The unemployment rate in Canada declined modestly in November. USD/CAD trades in positive territory around 1.3500. The data published by Statistics Canada revealed on Friday that...
The US Dollar remains on the defensive, spurred by the ISM manufacturing PMI dropping to the contractionary territory. Inflation in the United States remained unchanged, while...
Silver price rose more than 1%, spurred by Federal Reserve Jerome Powell’s dovish speech. Soft US Dollar and US Treasury bond yields plummeting, a tailwind for...
The Pound Sterling jumped above 1.2000 as the Federal Reserve Chair, Jerome Powell, took the stance. Fed’s Powell: “Makes sense to moderate pace of interest rate...
Silver price rallies above the 200-day EMA, despite a buoyant US Dollar. Federal Reserve Chair Jerome Powell is eyed by traders, remaining on the sidelines. Despite...
Organigram is as close to profitability as it has ever been. A review of Canada’s Cannabis Act could change the game for the industry. US legalization...
Mixed sentiment was no excuse for the Australian Dollar to appreciate against the US Dollar. Investors continue to assess the latest Federal Reserve hawkish commentary. Fed...
Eurostat will release the euro zone Harmonized Index of Consumer Prices (HICP) data for November on Wednesday, November 30 at 10:00 GMT and as we get...
USD/JPY fades bounce off three-month low, renews intraday low of late. Japan Unemployment Rate remained unchanged, Retail Trade eased in October. China Covid woes, protests join...
US Dollar got bolstered by Federal Reserve policymaker’s hawkish commentary. New York Fed John Williams expects rate cuts by 2024. Weaker retail sales in Australia and...
The Canadian dollar extended its losses amid a risk-off mood. New York Fed President Williams said the Fed could hike in 2024. Canada printed a deficit...
AUD/USD faces barriers to extending the weekly gains. China reports record Coronavirus cases, witnesses civil disobedience in Shanghai, Beijing. Prospects of Fed’s easy rate hikes favor...
The Australian Dollar is on the defensive due to mixed sentiment. Federal Reserve: US growth risks are skewed to the downside, capping the US Dollar gains....
China’s coronavirus crisis weighs on WTI price, on speculations of lower demand. The Eurozone threatening to impose a cap on Russian and a buoyant US Dollar...
Here is what you need to know on Friday, November 25: The trading action in financial markets remains subdued amid thin volumes on Black Friday. Following...
The Federal Reserve’s dovish-tilted November minutes weighed on the US Dollar and bolstered the Canadian Dollar. US S&P Global PMIs dived into a recessionary territory, meaning...
The US Dollar weakened due to the dovish tone of the Federal Reserve’s last meeting minutes. US S&P Global PMIs dropped to contractionary territory, a headwind...
Here is what you need to know on Thursday, November 24: Pressured by the disappointing macroeconomic data releases and the dovish tone seen in the FOMC...
The GBP/USD exchange hands above its opening price by 1.50%. US S&P Global PMIs flashed that the economy is slowing faster than expected. Consumer sentiment in...
October’s upbeat data from the United States bolstered the US Dollar as Gold edges lower. US Durable Good Orders came better than expected amid a gloomy...