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USDCAD Rips and Dips on Tariffs, USMCA Deal, BOC Report

USDCAD, BOC, TARIFFS, USMCA DEAL – TALKING POINTS USDCAD has seen a lot of price action over the last 36 hours in response to mixed headlines including a possible USMCA deal Tariff headlines swung between reports on US steel imports from Turkey and then the White House announced its intent to lift tariffs on Canadian […]

US Dollar Weekly Price Outlook: Rally at Multi-year Trend Resistance

Weekly technicals on the US Dollar Index (DXY)- rally vulnerable into slope resistance Check out our 2019 projections in our Free DailyFX USD Trading Forecasts Join Michael for Live Weekly Strategy Webinars on Mondays at 12:30GMT The US Dollar Index rallied through the yearly opening-range highs with price now testing a critical resistance range around […]
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US Dollar Techs, Fundamentals at Odds; Important Day for Gold

Talking Points – The technical structure for the DXY Index has improved in recent days, but today’s economic data disappointed significantly, handicapping US Dollar gains. – Similarly, the US-China trade negotiations have seemingly reached another impasse, providing a fresh lifeline for safe haven assets like the Japanese Yen and Gold. – Retail traders may finally […]
US Dollar Techs, Fundamentals at Odds; Important Day for Gold

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