Tag - cad - canadian dollar

Trading plan for February 6
Trading plan for February 6

China reported it is ready to cut the trade-war tariffs imposed on some goods imported from the US by 50%. Let's check whether market sentiment improved.

Trading plan for February 5
Trading plan for February 5

Trade Balance data will affect the USD and the CAD. Check levels for USD/CAD, USD/JPY, EUR/USD, and XAU/USD.

February ahead: coronavirus has not stepped back
February ahead: coronavirus has not stepped back

Last month was mostly driven by market sentiment. The beginning of January was highlighted by the geopolitical crisis between the US and Iran. After the markets calmed down, the coronavirus that appeared at the end of 2019 spread causing depreciation of the risky assets and appreciation of the refuge assets.

Trading plan for February 3
Trading plan for February 3

US ISM Manufacturing PMI release will have an impact on the USD. Comments on the FTA between the UK and the EU are anticipated during the day.

Trading plan for January 28
Trading plan for January 28

American Durable Goods Orders level is the most important event of the day, Check levels for USD/JPY, USD/CAD, GBP/USD, and NZD/USD…

Trading plan for January 24
Trading plan for January 24

Plenty of Europen releases may create mixed outcome. Canadian Retail Sales level may affect the CAD. Check levels for EUR/USD, USD/CAD, XAU/USD, and USD/JPY.

USD/CAD is capable of more
USD/CAD is capable of more

USD/CAD made big moves during the Bank of Canada’s meeting yesterday. Still, the rally may not be over yet.

Trading plan for January 23
Trading plan for January 23

The Aussie was boosted by the positive jobs data. The euro under pressure due to the ECB Meeting. Check levels for EUR/USD, EUR/GBP, USD/CAD, and AUD/USD.

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