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The AUD/USD pair faces pressure in holding an auction above the crucial support of 0.6500 in the late European session on Tuesday.

Canada Building Permits (MoM) came in at -14% below forecasts (1.2%) in December

USD/CAD is trading close to Monday’s high and near key technical resistance around the mid-1.3500s.

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<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>The GBPUSD price action suggests that headwinds have been quite dominant in this market. This saw the pair tear through the medium-term support level at the 1.2600 mark. However, a rebound has occurred in the market, which appea

<p>In the kickstart video for January 6, 2024, I take a look at three other major currency pairs from a technical perspective. Yesterday, the dollar moved sharply to the upside. Today, the major indices are more in an up and down trading range but the dollar strength remains in control. Sellers of the dollar in […]

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<ul><li>Prior month -3.9% (were expecting -1.7%) revised to -5.0%</li><li>Building permits tumbled -14.0% in December to $9.2 billion. The decline was the lowest since October 2020</li><li>Declines were recorded in both residential and nonresidential sectors</li><li>On a constant dollar basis a total

<p>It is a quiet day on the economic calendar with Canada building permits for December due at 8:30 AM the expectations are for 1.8% gain versus -3.9% last month. At 10 AM, Canada's Ivey purchasing managers index will be released last month and came in at 56.3 seasonally adjusted. Not seasonally adjusted the index was […]