HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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The US dollar is lurching lower with some key developments pointing to further weakness over the short-term such as USD/CNY – a key currency pair not just for Asia but for G10 also – breaking key technical support at 6.4000 with no obvious sign of opposition from the Chinese authorities, economists at MUFG Bank report.
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I spoke with BNNBloomberg about the loonie [embedded content] 1) Why CAD is the best-performer this year? The Canadian dollar is the top performing currency in the world this year and it’s not hard to see why. We’re at the start of a new economic cycle, commodities are booming and the US is one of
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USD/CAD is currently consolidating around the lowest levels since 2017.  Bulls are looking for an upside correction on a monthly basis as accumulation kicks in.  Funds travelled between a high of 1.2078 and 1.2029 on the day with some upside pressure, rising 0.12% at the time of writing.  The loonie edged lower against its broadly
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