Tag - cad - canadian dollar

USD/CAD: sell in the downtrend
USD/CAD: sell in the downtrend

USD/CAD remains within a downtrend. As a result, selling the pair as it turns down from resistance is the best strategy. Support lies at 1.3125.

British Pound Under Pressure
British Pound Under Pressure

Global stocks barely budged on Friday as investors tightened positions with less than two weeks to go before the U.S. presidential election and awaited a breakthrough in stimulus talks in Washington.

EUR/USD to Face Critical Support at 1.1685
EUR/USD to Face Critical Support at 1.1685

Looking ahead, highlights from macroeconomic calendar include Eurozone CPI US Retail Sales and University of Michigan, European Council Summit and Fed’s Williams speech.

USD is the Strongest and the AUD is the Weakest Today
USD is the Strongest and the AUD is the Weakest Today

The number of Americans applying for initial unemployment benefits unexpectedly increased to 898,000 last week, its highest since late August, compounding fears that the recovery in the labor market is stalling

Japanese Yen Moves Lower
Japanese Yen Moves Lower

US futures fell early in pre-US market open trading as investors' hopes that earnings season would provide some upward impetus waned.

US Stocks Open Mixed
US Stocks Open Mixed

US stocks are seen opening mixed Tuesday, with the tech sector outperforming ahead of important news from Apple and Amazon, while investors also wait for earnings from the key banking sector.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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