CAD Weekly Review (February 4 – 8)
Weak global risk sentiment and falling oil prices put the hurt on the Loonie this week, making it one of the worst performers among the major currencies!
Read MoreWeak global risk sentiment and falling oil prices put the hurt on the Loonie this week, making it one of the worst performers among the major currencies!
Read MoreA light data week from New Zealand, but it only took one bad apple to bring out Kiwi bears in full force and put the New Zealand in position to be the second worst major currency of the week!
Read MoreA combination of weak global sentiment, weak Australian data and a dovish RBA speech had Aussie pairs seeing red almost all week!
Read MoreGlobal risk sentiment downshifted into risk-off mode thanks to weak economic data all over the place, placing the Japanese yen as one of the top performers for the week.
Read MoreSterling pairs get a volatility boost from the BOE and global risk sentiment leans to negative, making this simple setup on GBP/USD one to watch for on the session.
Read MoreFundie factors sparked big volatility for the Aussie and have pushed AUD/CAD into what could be the start of a new leg lower. Is there still enough momentum to catch a few pips on the day?
Read MoreStrong selling momentum brings GBP/AUD down to a recent swing low and breaks thanks to recent news from the U.K. and Australia. Fake out or breakout ahead?
Read MoreNot expecting much action as we’re seeing a typically quiet Monday, but if a surprise catalyst comes up, this simple technical setup on EUR/USD is one to watch for quick pips.
Read MoreA surprisingly dovish FOMC policy decision dragged the Greenback across the board last week. Will Powell and his gang provide more insight this week?
Read MoreCrude oil prices helped prop the Loonie to the second highest spot among its peers last week. Which catalysts can move the comdoll around this time?
Read MoreTo think is easy. To act is hard. But the hardest thing in the world is to act in accordance with your thinking.Goethe