U.S. Session Recap: CAD Boosted by Hawkish Remarks, GBP Continues to Slide
U.S. markets were off to a downbeat start as tech sector losses dragged stock indices down while the Loonie got a boost from hawkish BOC remarks.
Read MoreU.S. markets were off to a downbeat start as tech sector losses dragged stock indices down while the Loonie got a boost from hawkish BOC remarks.
Read MoreSpeculations of a “hard Brexit” after the U.K. elections aftermath weighed on sterling as talks are scheduled to start next week while PM May’s job hangs in the balance.
Read MoreWith not a lot of data releases, Asian session traders took cues from Friday’s U.S. session trading.
Read MorePound weakness is pretty much a given. But can you guess which currency was the one currency to rule them all this week?
Read MoreThe pound staged a broad-based recovery during today’s relatively calm morning London session.
Read MoreThe votes are in and pound bears came out! With Theresa May’s Conservative Party juuust missing majority, forex traders got busy shorting the pound.
Read MoreWall Street was mostly flat during the first half of the New York trading session as traders were glued to the tube, watching Comey’s Q&A session in the Senate, while the U.K. elections dragged sterling down.
Read MoreSuper Thursday? What Super Thursday? Normally, volatility gets sapped during periods with lots of top-tier events, but today wasn’t a normal day it seems since many pairs were on the move.
Read MoreLots of reports, so little volatility! Asian session traders mostly shrugged off economic data as they wait for the “Super Thursday” events.
Read MoreRisk appetite popped its head back in the markets but the Loonie failed to join the higher yielders as the EIA report showed a surprise buildup in stockpiles.
Read MoreYou may be disappointed if you fail, but you are doomed if you don't try.Beverly Sills