USD/CAD Weekly Outlook – Action Forex
[ad_1] USD/CAD’s strong rebound last week suggests that pullback from 1.3923 short term top has completed at 1.3725, after defending…
Category: Currency Analysis
AUD/USD Weekly Report – Action Forex
[ad_1] After interim pullback, AUD/USD’s rebound from 0.6413 extended through 0.6567 resistance last week. The development suggests that correction from…
Canadian Household Wealth Likely Grew While U.S. Inflation Expected to Rise
[ad_1] National balance sheet accounts data for Q2 on Thursday should show Canadian household net worth edged higher with a…
Weekly Economic & Financial Commentary: The Global Economic Impact of a U.S.-China Bipolar World
[ad_1] Summary United States: Hiring Slows to a Crawl The U.S. economy added jobs at a remarkably slow clip in…
The Weekly Bottom Line: Low Hiring, Low Firing… Lower Fed Funds Rate
[ad_1] Canadian Highlights July’s trade data poured some cold water on the idea that diversifying exports away from the U.S.…
WTI: Crude Oil Remains Under Pressure from Higher Production
[ad_1] WTI oil remains in red for the third consecutive day and holding near two-week low on Friday, deflated by…
Canada employment falls -65.5k, jobless rate jumps to 7.1%.
[ad_1] Canada’s labor market weakened further in August, with employment falling by -65.5k, far below expectations of 4.9k gain. This…
Dollar Slumps After NFP Shock, Fed Cut Bets Escalate
[ad_1] Dollar tumbled sharply in early New York trading Friday after much weaker-than-expected non-farm payrolls report. 10-year Treasury yield plunging…
EUR/USD Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.1630; (P) 1.1650; (R1) 1.1669; More… Intraday bias in EUR/USD is back on the upside with…
GBP/USD Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.3415; (P) 1.3437; (R1) 1.3457; More… Immediate focus is back on 1.3549 as GBP/USD’s rebound accelerates…