Yen hits 111, Tankan indices next
The yen has reversed directions on Wednesday, as the pair is in positive territory. In the North American session, USD/JPY…
Pound drifting ahead of Manufacturing PMI
The British pound is almost unchanged on Wednesday. In the European session, GBP/USD is trading at 1.3838, down 0.01% on…
Here Come Non-Farm Payrolls
OANDA Senior Market Analyst, Jeffrey Halley looks at the week ahead. A new month and a new quarter could see…
Canada GDP expected to decline
The Canadian dollar is showing limited movement on Wednesday. In the North American session, USD/CAD is trading at 1.2391, down…
Swissie dips on weak economic barometers
The Swiss franc has posted slight losses for a third successive day. In European trade, USD/CHF is trading at 0.9228,…
Oil higher on OPEC+, gold falls
OPEC+ comments send oil higher Although the pre-OPEC+ JMMC meeting was postponed yesterday due to Russian technical issues, oil still…
US dollar rises on risk concerns
The US dollar pushes higher The US dollar continues to consolidate its post-FOMC gains, with virus concerns globally also providing…
Asian equities gain ground
Asian stocks move higher After a few days of adverse price action, the FOMO gnomes appear to have run out…
Will Canada’s GDP weigh on Canadian dollar?
The Canadian dollar has declined for a second straight day. In the North American session, USD/CAD is trading at 1.2386,…
Swiss franc close to two-month low
The Swiss franc has posted slight losses for a second straight day. In North American trade, USD/CHF is trading at…