Tag Archive: Forex News

USD/CAD – Canadian Dollar Gains Ground, US Retail Sales Ahead

The Canadian dollar has started the week with gains. Currently, USD/CAD is trading at 1.2756, down 0.34% on the day. On the economic front, Canada releases key jobs data. The economy is expected to add 17.8 thousand jobs, compared to 32.3 thousand…
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EUR/USD – Euro Gains Ground, Markets Look Ahead to Eurozone, Germany GDP

EUR/USD is unchanged in the Monday session. Currently, the pair is trading at 1.1981, up 0.33% on the day. It’s a very quiet start to the day, with no eurozone or U.S indicators on the schedule. The sole U.S event…
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U.S Dollars Plight shaped by Trade Talks and Geopolitics

Monday May 14: Five things the markets are talking about Last week was a light week on the economic data front as the market focused again on the continued outpouring of earnings reports and geopolitical news from Asia and the…
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A crowded tale of the tape

A crowded tale of the tape Global equity markets revelled in their most favourable showing since early March after clement CPI  figures led to hopes of a Goldilocks economy in the US. But as senescent as this view is becoming, with…
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EM Asia :Let the chips fall where they may

EM Asia: Let the chips fall where they may Malaysia  Attention will be focused on the Malaysian onshore markets this morning after PM Mahathir coalition triggered the circuit breakers and imposed a cooling off period for cash markets by declaring the two-day…
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Dollar Ends Rally Awaiting US Retail Sales Data

The US dollar rally lost momentum during the week and recorded its third day of depreciation versus other major pairs. The USD continues to gain versus emerging market currencies as more signs of a global growth slowdown appear. The US…
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