As a NAFTA signatory, Canada has a special trade relationship with the US and Mexico, although the bulk of trade, 74% of all exports and 55% of all imports is between the US and Canada...
The bears are back and this means safe haven flows. What’s next? Here is what the team at Morgan Stanley says: Here is their view, courtesy of eFXnews: The Bear is Back...
The Breferendum is just days away. Here is how to trade it according to Goldman Sachs: Here is their view, courtesy of eFXnews: Markets remain focused on the UK referendum and its implications for asset prices...
One comment sunk EURUSD down to 1.1263 "Further stimulus is in the pipeline" said the ECB head man, and the euro duly obliged by dropping a quick 30 pips. Of course, no one is really expecting any further action but the comment has caught some off guard...
GBPJPY: The cross closed higher on Monday and was seen following through higher as at the time of this analysis. On the downside, support comes in at the 154.00 level where a violation will aim at the 153.00 level. A break below here will target the 152.00 level followed by the 151.00 level...
Dear Traders, The British pound is exposed to extremely volatile trading conditions in the run-up to the U.K. referendum. Separate polls are showing leads for both sides, creating uncertainty among speculators...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, June 21st GBP/USD has broken through key resistance level of 1.47 this morning and now is testing three-week highs over this level...
Polls and the eventual counting of votes will determine direction in GBP heading into June 23. A ‘remain’ outcome will see pound rally to around 1.50 against the dollar, while a ‘leave’ vote will see pound fall to around 1.30 against the dollar, and also see strength in yen...
GOLD: The commodity continues to retain its upside pressure leaving risk higher in the days ahead. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level...
EUR/USD: We are bullish. Friday’s up-day endorses the prior base candle and signals higher in range towards initial targets near 1.1420. A move above would point higher towards the 1.1505 area. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
GBPUSD remains the main focus GBPUSD The GBPUSD could not move below the 100 bar MA on the 5-minute chart and extended up to the 200 day MA at 1.4690. The prior resistance was 1.4666. Since breaking the price remains above that level...
What polls are due up on the Brexit referendum Poll schedules are a bit sketchy but there is talk that two polls may be released today. An online poll from YouGov may be released at an unknown time (after the London close) and a phone poll from ORB is also due and is rumored at 2100 GMT (5 pm ET...
Major Cycle Low Upcoming in Gold There is a major cycle low looming for gold prices. Ideally it should arrive as a price low in late 2016. But based on history, it could arrive anytime between August 2016 and March 2017, and still fit within the normal tolerance...
Dollar’s Up Move Not Confirmed by Stocks Some people think they know what the relationship is between the US Dollar Index and stock prices. But as I noted in a Chart In Focus article over a year ago, the correlation between stocks and the dollar regularly flips from positive to inverse...