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USD/CAD Tests 1.3360 Hurdle Even as BoC Warns of Stronger 4Q GDP

Posted By David Song

Canada’s 4Q GDP report may keep USD/CAD capped by the 1.3360 hurdle as the BoC warns ‘growth in the fourth quarter of 2016 may have been slightly stronger than expected.’

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  • 22 days ago
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EUR/USD Struggles at 1.0600 Hurdle Ahead of ISM Manufacturing Survey

Posted By David Song

Another pickup in the ISM Manufacturing survey may curb the recent rebound in EUR/USD as it puts pressure on the Fed to normalize monetary policy sooner rather than later.

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  • 23 days ago
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Resilient Core Retail Sales to Curb Canadian Dollar Weakness

Posted By David Song

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  • about 1 month ago
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FX News Invest

Why I Hate Indicators

Posted By [email protected]

The question is not which indicator you use; but what that indicator is measuring, why you are using it, and how it fits your trading strategy.

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FX News Invest

Strong New Zealand Retail Sales Report to Fuel NZD/USD Rebound

Posted By David Song

NZD/USD may stage a larger recovery ahead of the weekend as New Zealand Retail Sales are projected to increase another 1.0% during the last three-months of 2016.

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  • about 1 month ago
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FX News Invest

AUD/USD to Extend 2017 rally on Upbeat Australia Employment Report

Posted By David Song

A further improvement in Australia Employment may fuel the near-term rally in AUD/USD as it puts pressure on the RBA to move away from its easing-cycle.

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  • about 1 month ago

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