Browsing Tag

Technical Analysis

USD At A Crossroads This Week

After the US Jobs Report outcomes, which came in much better than expected, estimates were rising that the Federal Reserve will still be able to raise the Fed Fund Rate in September and probably in December. Such outcomes and the notable…

USD/CAD plummets on Tuesday

"Given the commodity dollar-bloc strength, it's fair to think that the momentum could continue, which would likely translate further into both technical and fundamental favor likely leading to further CAD strength."  - Tyler Yell, Daily FX…

USD/CAD unchanged on Monday

"Given the commodity dollar-bloc strength, it's fair to think that the momentum could continue, which would likely translate further into both technical and fundamental favor likely leading to further CAD strength." - Tyler Yell, Daily FX…

USD/JPY keeps struggling to edge higher

"With sentiment turning to risk-off, investors buy the dollar but they buy the yen more." – FX Prime (based on Market Watch) USD/JPY Outlook On Friday the US Dollar continued to weaken against the Japanese Yen, following its two-week…