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CAD steadies as spreads stabilize – Scotiabank
The Canadian Dollar (CAD) is steady. The BoC duly cut the policy rate 50bps yesterday and signaled that the pace of policy easing would moderate, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Spreads stabilize after BoC cut “Aggressive rate cuts over the past few months leave the Overnight T
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DXY: Wave 2) of (C) Completed and we are on the way to 98.5 ?
#OPINIONLEADER# #USDollarIndex# #ElliottWaves# #ForexEducation# Market Commentary: 1. As per my previous view it broken the high 107.38 for the wave c)of (B) to complete. 2. So triangle didn't happen and that was ruled out from my view. Now
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USD/JPY: USD to test 152.45 before the risk of a pullback increases – UOB Group
Scope for US Dollar (USD) to test 152.45 before the risk of a pullback increases. In the longer run, USD must break and hold above 152.45 before further advances can be expected, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. Above 152.45 further advances can be expected 24-HOUR VIEW:
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Fearing the CPI
S&P 500 tried opening on a strong note, but just as Friday it fell through my high 6,080s support. Is this a cancellation of Santa Claus rally? I don‘t think so, I take it as cautious positioning for upcoming inflation data as is apparent from the put-to-call ratio chart presented at the end of
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USD/JPY: Likely to trade in a range of 148.65/152.00 – UOB Group
The US Dollar (USD) is expected to consolidate in 149.65/150.65 range. In the longer run, USD weakness appears to have stabilised; it is likely to trade in a range of 148.65/152.00 for now, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. USD weakness appears to have stabilised 24-HOUR V
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France's political chaos casts long shadow over economic growth
French lawmakers will hold a no-confidence vote in the fragile minority government of Prime Minister Michel Barnier on Wednesday, as economists warn the political stalemate likely to ensue will come at a high economic cost. Two so-called "motions of censure" filed by both the left-wing and far-right
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Forex Today: US Dollar stabilizes as focus shifts to key data releases, central bank speak
Here is what you need to know on Wednesday, December 4: The action in foreign exchange markets remain choppy early Wednesday as investors refrain from taking large positions ahead of key events. Bank of England (BoE) Governor Andrew Bailey, European Central Bank (ECB) President Christine Lagarde and
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why mastering one trading strategy is the key to success
So here's a thought I wanted to share based on my experience with trading and focusing on just one strategy at a time. It's easy to get caught up in jumping from one strategy to the next, always looking for the next "holy grail" to fix things. But honestly, the real key to success is focusing on mas
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Pull-up Update
