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USD/CAD showed little movement last week, as the pair continues to have a quiet month of July. There is only one Canadian event on the schedule, so U.S. numbers will likely have a magnified impact on the Canadian dollar. Here is an outlook for the hig…
The price of gold made a fresh six-year high Thursday, fueled by dovish Fed commentary. This stimulus comes on the back of recent, heavy, central bank buying of the precious metal alongside large gold ETF inflows.
OANDA Senior Market Analyst Craig Erlam previews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week Jonny and Craig discuss the next UK Prime Minister, Brexit, Bitcoin, Libra, Facebook, Amazon, Boeing, Deutsche Bank and the ECB interest rate decision. Needless to say, it’s a packed show. Listen below.
The US Dollar may find itself propelled higher if the IMF’s updated assessment of the world economy and an underwhelming US GDP data report stoke demand for liquidity.
Crude oil prices may continue to fall after suffering the largest weekly drawdown in two months as the outlook for global growth – and thereby energy demand – sours.
The Australian Dollar has shared fully in the broad US Dollar weakness seen as markets become more certain that US rates are going lower.
The U.S. dollar rebounded on Friday, recovering from losses in the previous two sessions, and gained ground against other major currencies.
US stocks slipped from record highs following a wrath of mixed earnings results and despite a strong signal from Federal Reserve officials that they are ready to cut interest rates at the end of the month. With over 15% of the companies in the S&P 500 already reporting second quarter results, investors are hardly celebrating […]
The Canadian dollar fell 0.28 percent on Friday after the US dollar got its mojo back on the back of the clarification of NY Fed President John Williams comments from yesterday. The US dollar fell on Thursday after the NY Fed chief urged the central bank to be more pro active on monetary policy and […]
Gold prices moved up to another fresh 2019 high today, hitting a key Fibonacci extension in the process. What does this mean for the near-term gold price outlook?