• November 16, 2022
  • Market News
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Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, EUR/CAD

CAD/JPY broke down and EUR/CAD broke out, but USD/CAD sits on a key spot of support taken from prior resistance that bears have not been able to break through....
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  • November 16, 2022
  • Market News
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US Retail Sales Jump in Sign of Consumer Resilience, but Fail to Boost the Dollar

October retail sales surged 1.3% versus 1.0% expected, a sign that the U.S. consumer remains resilient and that the Fed has more work to do to slow demand....
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  • November 16, 2022
  • Market News
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US Dollar (DXY) Technical Outlook Remains Weak Going Forward

The recent US dollar sell-off continues with the greenback nearing a fresh three-month low....
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  • November 16, 2022
  • Market News
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Trading Journal: What it is and How to Create One

Explore the benefits of a trading journal and how to create one that aligns with your strategy....
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  • November 16, 2022
  • Market News
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USD/JPY Update: Price Remains Below 100-Day MA Keeping Downside Risk in Play

The Yen has failed to capitalize on recent dollar weakness as lackluster data and geopolitical tensions cap gains....
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  • November 16, 2022
  • Market News
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EUR/USD Latest: EURUSD Resilient Ahead of Inflation Print, NATO Meeting

EUR/USD attempts another move higher after yesterday’s late selloff on conflict fears. A fair amount of central bankers on the docket today with US retail sales...
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  • November 16, 2022
  • Market News
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GBP Breaking News: Energy Sources Sustain Extreme UK Inflation, Highest Since 1981

GBP/USD responded oddly, pushing lower after record levels of UK inflation were released by ONS....
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  • November 16, 2022
  • Market News
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Japanese Yen Slides Despite Treasury Yield Dip on Soft PPI and Conflict Concerns

The Japanese Yen has dipped again after the US Dollar gained despite a soft PPI amid heightened geopolitical tensions after a missile explosion in Poland. Where to for USD/JPY?...
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  • November 16, 2022
  • Market News
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Crude Oil Price Jumps Around on OPEC+ and IEA Reports, Data and War Woes

Crude oil has bounced around so far this week as news flow has seen reports from OPEC+ and the IEA hint at lower demand while data and geopolitics create uncertainty. Where to for WTI?...
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  • November 16, 2022
  • Market News
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USD/CAD Rate Vulnerable to Sticky Canada CPI

Fresh data prints coming out of Canada may lead to a further decline in USD/CAD as the Consumer Price Index (CPI) is anticipated to show sticky inflation....
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