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Usd/cad daily outlook

Daily Pivots: (S1) 1.3678; (P) 1.3731; (R1) 1.3759; More…. Despite edging higher to 1.3784, USD/CAD quickly retreated back into established range. I...

October 6, 2023, 4:58 am

Dollar holds ground despite pullback, eyes nfp for fresh momentum

Dollar, despite retracting some of its earlier gains, remains robust, demonstrating resilience as one o...

October 6, 2023, 4:57 am

Eur/usd price analysis: consolidates around mid-1.0500s, focus remains on us nfp

EUR/USD struggles to gain any meaningful traction on Friday and oscillates in a narrow band. The technical setup seems tilted in favour of bears and s...

October 6, 2023, 3:29 am

Fda says it is not satisfied with philips breathing device recall

The U.S. Food and Drug Administration (FDA) remains unsatisfied with the status of a product recall by ...

October 6, 2023, 2:55 am

Rbc capital remains a buy on new gold (ngd)

RBC Capital analyst Michael Siperco maintained a Buy rating on New Gold (NGD – Research Report) on October 4 and set a price target of Read Full Sto...

October 6, 2023, 2:14 am

Gold price forecast: xau/usd remains on the defensive above $1,800, us nfp eyed

Gold price remains under pressure near #1,820 on Friday. US Initial Jobless Claims last week came in be...

October 6, 2023, 1:44 am

Japanese wages growth underwhelm as real income sinks for 17th mth

Subdued wage growth data in Japan is raising eyebrows, particularly at BoJ. An essential element for the central bank’s policy normalization is the ...

October 6, 2023, 1:25 am

Opec could intervene in oil market if prices dip too far

That's the view from RBC on the oil price drop. Global head of commodity strategy at RBC Capital Markets spoke with CNBC on Thursday: “I think OPEC ...

October 5, 2023, 9:23 pm

Forexlive americas fx news wrap: us dollar gives some back ahead of non-farm payrolls

US initial jobless claims 207K versus 210K estimateUS August trade balance -58.3B vs -65.08B expectedCanada August trade balance +0.72B vs -1.50B expe...

October 5, 2023, 8:29 pm

Eur/usd forecast: momentum favors the euro ahead of nfp

The EUR/USD has risen for the second consecutive day, approaching the 1.0550 area. The pair has been boosted by a weaker US dollar, moving away from i...

October 5, 2023, 8:14 pm

Pound sterling price news and forecast: gbp/usd eyes tentative recovery amid economic headwinds

The British Pound (GBP) is recovering some ground against the US Dollar (USD), though it remains below ...

October 5, 2023, 6:59 pm

Imf's georgieva: current pace of global growth remains quite weak

IMF's Georgieva weighs in on global economic trends. Like the Fed sees rates higher for longer. Current pace of global growth ...

October 5, 2023, 5:05 pm

Eur/usd, gbp/usd, usd/cad, usd/jpy forecasts – u.s. dollar moves lower as treasury yields pull back

USD/JPY remains under pressure as traders bet that BoJ will defend the 150.00 level. The post EUR/USD, ...

October 5, 2023, 4:48 pm

Usd/cad – canadian dollar stops nasty slide

Canada Ivey PMI remains in expansion territory Canada, US job reports expected to decline The Canadian ...

October 5, 2023, 4:19 pm

San francisco fed pres. daly: monetary policy is restrictive. progress isn't victory.

San Francisco Fed Pres. Mary Daly is speaking and says:Monetary policy is restrictive.Progress isn't victory, must remain resoluteTo ensure we fully a...

October 5, 2023, 4:10 pm

Aurora innovation: spinning its wheels in a profitless pit

Aurora Innovation, Inc.'s income statement is in a state of flux, with revenues and expenses fluctuating significantly. The company's net loss has inc...

October 5, 2023, 3:17 pm

Good bitcoin news: supply keeps falling to lowest since 2018 as whales keep buying

Bitcoin news for traders and investors is showing positive signs as the cryptocurrency managed to stay above critical levels. The current trading envi...

October 5, 2023, 2:30 pm

Checking out codexis

Codexis, Inc. is undergoing a significant restructuring to reduce costs, refocus its developmental efforts and streamline its organization. The compan...

October 5, 2023, 2:11 pm

Gbp/usd mid-day outlook

Daily Pivots: (S1) 1.2056; (P) 1.2116; (R1) 1.2196; More… GBP/USD is staying in consolidation above 1.2036 and intraday bias ...

October 5, 2023, 1:25 pm

Gold price consolidating losses, nfp remains the key

XAU/USD remains bearish despite temporary rebounds. A new higher high may announce a larger rebound. Th...

October 5, 2023, 12:46 pm


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