Romeo

The Canadian Dollar (USD) is a little firmer on the session but it is lagging its commodity peers (AUD, NZD) and the spot market is still essentially range trading and awaiting developments, Scotiabank's Chief FX Strategist Shaun Osborne notes. CAD is trading marginally higher "News reports indicate

USD/CAD trades within a falling wedge pattern, a bullish formation that indicates a potential breakout to the upside. The pair could find immediate support around the falling wedge’s upper boundary at 1.4100. The immediate resistance zone appears near the nine-day EMA at 1.4230, aligned with the upp

The acceleration in Ukraine diplomacy has put Europe on the back foot yet again, forcing it to scramble for a response. A French presidency official admitted as much ahead of Monday’s informal talks in Paris, saying Europe “needs to do more and in a better way.” But let’s be real—this isn’t about st

The US Dollar Index fell close to 107.00 after Thursday’s sharp decline. US Retail Sales fell 0.9% in January, missing expectations and fueling rate cut speculation. US Treasury yields continue to decline with the 10-year yield below 4.50%. The US Dollar Index (DXY), which tracks the US Dollar's per