USD/CAD reached levels unseen since the beginning of the year. ING considers the pair may fall further, but Bank of America warned that it may hit its bottom and reverse in the long run.
Tag - forex exchange
Stock futures rose in the beginning of the week, setting stocks up to add to last week’s record levels as markets reacted to positive developments over the COVID19 treatment.
Let's review what we know about position trading from a broader perspective. How effective is this strategy and how does it compare to others?
The pair slumped to levels unseen since January. What’s next?
The British pound keeps rallying for the second day, despite the overall sell-off on the market. What are the reasons?
AUD approaches the strong resistance at 0.7185. What may happen next?
XAU/USD is decreasing for the third day in a row. What are the reasons?
The pair was falling down amid the waning US dollar. However, the situation changed this month.
The pair bounced off the key resistance at 1.1900. All eyes on the NFP.
Some analysts believe the euro will lose its gains in the third quarter. What are the reasons?
The pair sharply dropped to the one-month low. Will it keep falling further?
The pair fell down on the weak US dollar and the positive Canadian data. What is the forecast?