Canadian Dollar Forecast: USD/CAD Reversal Risks on the Horizon

Canadian Dollar Forecast: USD/CAD Reversal Risks on the Horizon https://www.dailyfx.com/forex/market_alert/2022/01/07/Canadian-Dollar-Forecast-USDCAD-Reversal-Risks-on-the-Horizon.html Canadian data in focus on heightened CAD sensitivity. Risks titled to the downside

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GBP/USD Price Analysis: Remains depressed near one-week low, around 23.6% Fibo. level 18 January 2022

The GBP/USD pair edged lower for the third successive day and extended last week's rejection slide from the very important 200-day SMA or the highest

Japan PM Kishida: Want to impose quasi-emergency on some regions from Jan. 21 18 January 2022

Japanese Prime Minister Fumio Kishida said on Tuesday that they want to impose quasi-emergency on some regions from January 21 to February 13, as repo

GBP/USD: 1.3500/1.3460 should be an important support near-term – SocGen 18 January 2022

Cable is offered for third day. Economists at Société Générale spots significant support for GBP/USD at the 1.3500/1.3460 region. October high of 1.38

Extra consolidation likely in NZD/USD – UOB 18 January 2022

According to FX Strategists at UOB Group, NZD/USD is still expected to navigate within 0.6740 and 0.6870 in the near term. Key Quotes 24-hour view: “W

European Monetary Union ZEW Survey – Economic Sentiment registered at 49.4 above expectations (26.4) in January 18 January 2022

European Monetary Union ZEW Survey – Economic Sentiment registered at 49.4 above expectations (26.4) in January

German ZEW Economic Sentiment Index jumps to 51.7 in January, a big upside surprise 18 January 2022

more to come ...

10-year US Treasury bond yields to continue the steady grind towards 1.97% – SocGen 18 January 2022

The benchmark 10-year US Treasury bond yield has reached 1.85% for the first time since January 2020. Economists at Société Générale expect 10-year US

Germany ZEW Survey – Economic Sentiment came in at 51.7, above expectations (32.7) in January 18 January 2022

Germany ZEW Survey – Economic Sentiment came in at 51.7, above expectations (32.7) in January

Germany ZEW Survey – Current Situation below expectations (-7.5) in January: Actual (-10.2) 18 January 2022

Germany ZEW Survey – Current Situation below expectations (-7.5) in January: Actual (-10.2)

Spain 9-Month Letras Auction climbed from previous -0.588% to -0.562% 18 January 2022

Spain 9-Month Letras Auction climbed from previous -0.588% to -0.562%

Nvidia (NVDA Stock): Tech stocks bound to disappoint? [Video] 18 January 2022

The prospect of higher interest rates, the end of QE, and the start of QT have all hampered sentiment around tech stock. With all things digital findi

GBP/USD to suffer additional losses with a drop below 1.3600 18 January 2022

GBP/USD extends its downward correction and continues to edge lower toward 1.3600. Risk-averse market environment and rising US T-bond yields favour t

Brent Oil to extend its race higher towards $92.50 – SocGen 18 January 2022

Brent Oil rises around 1% this morning. Strategists at Société Générale expect prices to continue trending higher towards $92.50 and then $95.00/96.30

Spain 3-Month Letras Auction rose from previous -0.704% to -0.627% 18 January 2022

Spain 3-Month Letras Auction rose from previous -0.704% to -0.627%

USD/JPY surrenders intraday gains amid risk-off impulse, back around mid-114.00s 18 January 2022

The USD/JPY pair surrendered intraday gains to a multi-day high and has now retreated to the lower end of its daily trading range, around mid-114.00s.

Gold Price Forecast: XAU/USD eyes $1,804 and $1,800 as US Treasury yields spike – Confluence Detector 18 January 2022

The Fed policymakers have entered a blackout period ahead of next week’s FOMC decision. What is moving the US Treasury yields, dollar and gold then? W

GBP/USD now seen range bound – UOB 18 January 2022

FX Strategists at UOB Group noted GBP/USD is expected to trade within the 1.3560-1.3725 range in the next weeks. Key Quotes 24-hour view: “We expected

Italy Trade Balance EU declined to €-0.06B in November from previous €0.291B 18 January 2022

Italy Trade Balance EU declined to €-0.06B in November from previous €0.291B

Italy Global Trade Balance registered at €4.163B, below expectations (€5.467B) in November 18 January 2022

Italy Global Trade Balance registered at €4.163B, below expectations (€5.467B) in November

PBOC Deputy Governor: Will keep yuan exchange rate basically stable 18 January 2022

People’s Bank of China (PBOC) Deputy Governor Liu Guoqiang said in a statement on Tuesday, the central bank “will keep yuan exchange rate basically st

Canadian Dollar Forecast: USD/CAD Reversal Risks on the Horizon

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