Loonie at two-week lows ahead of the Bank of Canada meeting
The central bank is widely expected to keep the overnight target rate at 0.25% while the tone of the statement could be a bit hawkish
The Loonie suffered decent...
Bitcoin off lows but bottom is not yet in
BTCUSD climbed to three-day highs marginally below $10,500 but encountered the selling pressure and turned negative
Bitcoin price continues to cling to the $10,000 psychological support these days, after...
Gold could extend the retreat before a reversal
In a wider picture, the yellow metal could regain the ground and resume its rally toward fresh all-time highs as there are still too many risk factors
Gold prices...
Oil trims losses along with stocks but risks persist
The dollar has been regaining ground across the board, which is adding to the negative pressure surrounding the oil market
Oil prices extended losses to one-month lows marginally above...
Euro loses its appeal amid warnings from ECB
The longer-term outlook for the common currency remains bullish as the dollar could suffer from political uncertainty in the US
The euro has been correcting lower from two-year highs...
Bitcoin licks its wounds after a plunge
On the downside, the nearest support comes at the 50-daily moving average marginally above the $11,000 handle
Bitcoin price has settled around $11,400 following steep losses witnessed on Wednesday...
Dollar trims losses, but bearish trend still intact
Safe-haven currencies like the Japanese yen and Swiss franc came under pressure as positive risk sentiment persists
The US Dollar staged a local reversal on Tuesday, extending the recovery...
NZD shows the best performance, AUD is the worst performer
While RBNZ Gov Orr helped the kiwi pair to rise, dismal Australian GDP numbers pressed AUDUSD
On Wednesday, most currencies remained confined in narrow ranges and were of little interest...
Gold prices retarget $2,000 amid a weaker dollar
It looks like gold bulls are reentering the game after a pause, and the bullion could regain the $2,000 psychological level in the near term
The greenback came under...
USDJPY makes modest recovery attempts
In early Asia, USDJPY strengthened though its rise was short-lived
At the beginning of the new trading week, in early Asian hours, USDJPY moved 50 points up, however was not...
