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Forex News

Canadian Dollar Slammed by Weak CPI, RSI Threatens Bearish Formation
The Canadian dollar struggles to hold its ground as the region’s Consumer Price Index (CPI) highlights subdued price growth and drags on interest-rate expectations.
Lackluster Canada Consumer Price Index (CPI) to Fuel USD/CAD Recovery
A slowdown in Canada’s Consumer Price Index (CPI) may fuel a near-term recovery in USD/CAD as it encourages the BoC to keep the key interest rate at the record-low.
Tier-1 Canadian CPI May Force BoC’s Hand And Boost CAD Higher
Friday’s CPI data in Canada could allow the Canadian Dollar to become the strongest G10 currency on possible BoC hike.
EUR/USD Risks Further Losses as COT Points to Stretched Positioning
Euro remains vulnerable heading into the close of the month as sentiment pulls back from recent extremes. Here are the updated targets & invalidation levels that matter.
USD/CAD Rebound Unravels, Eyes June-Low Ahead of Canada CPI
The near-term rebound in USD/CAD may continue to unravel as the pair fails to retain the bullish sequence from earlier this week.
DXY (USD) is Working on a Key Support Zone - Will Bulls Respond?
The U.S. Dollar has had a very rough 2017, but this is directly-counter to the bullish run that started in 2014. Are we on the verge of seeing a return of the longer-term bullish trend in the Greenback?
Euro’s Bull Trend Hits Pause; Dollar Waits on Fed Speakers
Sliding economic data momentum is weighing against the Euro and the US Dollar equally right now
China Gains Power to Impact Capital Flows in Asia after MSCI’s Inclusion
MSCI’s approval on Chinese A-shares will have long-lasting impact to China, as well as its Asian counterparts.
GBP/USD Snaps Back Amid Growing Rift at BoE; Bearish Sequence Intact
GBP/USD snapped back amid signs of a growing rift at the BoE, but the pair remains at risk for further losses as it retains the bearish sequence from earlier this week.
NZD/USD Sentiment at Extremes Ahead of RBNZ- Levels to Know
Kiwi retail sentiment is extremely one-sided heading into tonight’s RBNZ interest rate decision. Here are the updated targets & invalidation levels that matter.

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