Revived Fed rate hike bets stemming from an upbeat May NFP lifted U.S. bond yields and risk appetite early on, before sentiment shifted this way and that throughout the choppy week.
Ready to hear what happened this week? Better check…
USD/CAD News and AnalysisUS jobs indicator signals early signs of stress, CAD rides positive momentum after BoC hikeBearish momentum accelerates as CAD continues positive momentum – ‘death cross’ and major support will be testedWeek…
Dollar domination was the main theme early in the week, as bulls carried on with their post-NFP charge.
However, commodity currencies like AUD and CAD took center stage after their central banks announced surprise interest rate hikes.
In…
Gold Price (XAU/USD) Analysis, Price, and ChartGold remains supported despite higher US Treasury yields.US inflation and the FOMC policy decision are next week’s main drivers.
Recommended by Nick Cawley
How to…
Our FX strategies had an incredibly effective week with four directional biases and technical setups playing out generally as discussed. Check it out!
Forex Setup of the Week: Simple USD/CAD Range Play Ahead of BOC Decision
USD/CAD…