The USD/CAD pair rose to its highest level since Monday at 1.4050 on Friday but started to retrace its rally in the late American session. As of writi
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USD/BRL forecast at 5.50 for Q2 – CIBC
Analysts at CIBC, forecast the Brazilian real will depreciated further against the US dollar in the short-term. They see USD/BRL at 5.50 in Q2 and at
EUR/CHF: Diminished risks of a breach of 1.05 – MUFG
Analysts at MUFG Bank, abandoned their bullish Swiss franc view for now. After recent developments they see diminished risks of a breach of the 1.0500
United States Baker Hughes US Oil Rig Count dipped from previous 258 to 237
United States Baker Hughes US Oil Rig Count dipped from previous 258 to 237
GBP/USD aiming to 1.1800 in the next three months – Rabobank
The pound is facing pressure from different fronts, which according to the Rabobank FX Strategy team is likely to pull the GBP/USD down to 1.1800 over
Canada: Consumption tumbles in March, savings rate likely shot up – NFB
Data released on Friday, showed retail sales in Canada tumbled 10% in March, in line with market estimates. Krishen Rangasamy, analyst at the National
GBP/USD Price Analysis: Pound approaching the May’s lows, trading sub-1.2200 figure
GBP/USD is trading below its main SMAs on the daily chart suggesting a bearish bias as the market is on track to a three-day losing streak.
EUR/GBP rejected at 0.9000, attempting to find support at 0.8930
Euro rally from 0.8700 area has stalled below 0.9000 this week, with the EUR/GBP looking for support at 0.8930 lows, poised to close the week practic
NY Fed: Treasury purchases next week will be lowered to $25 billion
The Federal Reserve Bank of New York announced on Friday that it will purchase approximately $5 billion in Treasury securities every day next week. Wi
US health official Fauci: Initial study of Moderna vaccine encouraging
The initial study of Moderna's coronavirus vaccine is encouraging, Dr Anthony Fauci, director of the US National Institute of Allergy and Infectious D