Tag - usd

USD/CAD is over 1.21 after BoC
USD/CAD is over 1.21 after BoC

The Bank of Canada decided to keep the current policy unchanged as widely expected. However, the bank did not mention anything about tapering again in July.

EUR/USD: calm before storm on Thursday
EUR/USD: calm before storm on Thursday

US inflation report and ECB meeting will shake the market on Thursday. More opportunities for traders! Read the article to know how the market will probably react.

Eyes on Bank of Canada's decision today
Eyes on Bank of Canada's decision today

All eyes are headed toward the Bank of Canada today. Estimates point to no change both for the main rate and the ongoing QE which stands at $3B weekly.

How about selling EUR/USD?
How about selling EUR/USD?

EUR/USD managed to recover some of its last week’s decline, rising for the 2nd day in a row (Friday & Monday). However, such upside momentum is unlikely to continue.

USD: a disappointing jobs report?
USD: a disappointing jobs report?

The US Jobs Report could be considered as a disappointing report, excluding the wages growth which keeps the fears over inflation.

USD/CAD trade is in profit
USD/CAD trade is in profit

USD/CAD managed to advance further yesterday breaking above 1.21, reaching as high as 1.2128 earlier today, while our long signal that was issued at 1.2060 is now in profit with over +60 pips.

USD/CAD is holding above support
USD/CAD is holding above support

USD/CAD declined once again to the same support area between 1.2040 and 1.2020 which remains solid for over three weeks now.

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