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The Canadian dollar pushed higher against its U.S. namesake last week, rising some 1.10 percent. Following a disappointing economic activity report for the second quarter, the USDCAD finds support along a rising trend, and now looks poised to reverse course and test recent highs.
Read more...Trading Styles
Student's Question I read all the time about "aggressive" in contrast to "conservative" traders. I simply have no idea what I should be! Could you maybe comment on contrasts between these two "types of traders".
Read more...Canadian Dollar Looks to BoC Rate Decision for Next Moves
Canadian Dollar Looks to BoC Rate Decision for Next Moves Fundamental Forecast for Canadian Dollar: Bearish - Canadian GDP Advances Less Than Expected in the Second Quarter - U.S. Dollar May Continue to Recover Against the Canadian Dollar The Canadian dollar pushed higher against its U.S. namesake last week, rising some 1.10 percent. Following a disappointing economic activity report for the ...
Read more...Japanese Yen: Currency Intervention Grows Ahead of BoJ Rate Decision
Japanese Yen : Currency Intervention Grows Ahead of BoJ Rate Decision Fundamental Forecast for Japanese Yen: Neutral Japanese Yen Channel is Key Yen Intervention Unlikely as Capex Soars The Japanese yen continued its northern journey against the U.S. dollar this past week despite Japans government issuing its latest fiscal stimulus package in conjunction with the central banks effort of monetary ...
Read more...Currency Markets Shift Focus to the U.S. Nonfarm Payrolls Report for August
The spotlight this week will be placed on the U.S. Nonfarm payrolls report for the month of August. Economists are expecting the labor market in the world’s largest economy to plunge 103,000 after payrolls took a free fall of 131,000 in July.
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