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USD/CAD Rate Fails to Test 200-Day SMA Following FOMC Minutes

Canadian Dollar Talking Points The recent decline in USD/CAD appears to have stalled ahead of the 200-Day SMA (1.3145) as market participants digest the Federal Open Market Committee (FOMC) Minutes, and fresh data prints coming out of Canada may spur a rebound in the exchange rate as Retail Sales are expected to contract another 0.3% […]
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US-China Trade Talks and FOMC Minutes to Dominate USD Trading

USD price, news and analysis: USD trading will likely be dominated this week by a further round of US-China trade talks. However, FOMC minutes due Wednesday could also move the currency. US-China trade talks in focus US-China trade talks will resume in Washington Tuesday, with any perceived progress likely to strengthen the US Dollar as […]
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US Dollar Eyeing Powell Speech, Euro May Overlook ECB Minutes

TALKING POINTS – EURO, ECB, US DOLLAR, POWELL, CANADIAN DOLLAR, BOC, YEN Euro unlikely to find lasting cues in December ECB meeting minutes US Dollar might rise if Fed Chair Powell moderates dovish rhetoric Canadian Dollar down after BOC, Yen up as Japanese stocks decline Minutes from December’s ECB policy meeting headline an otherwise lackluster […]
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