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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USD/CHF eases from two-week high, fails ahead of 0.9600 mark amid risk-off mood 19 August 2022

The USD/CHF pair extends this week's positive move for the fifth successive day and climbs to a nearly two-week high during the first half of the Euro

SP500 balancing on the edge 19 August 2022

Friday brings us the SP500 on an absolutely crucial support and what will happen from here will depend on trading over the next week or even a month.

DAX and the bear market rally [Video] 19 August 2022

Europe is increasingly looking like it is heading into a recession. High energy prices, high costs, low water levels in the Rhine, and recent subdued

Gold Price Forecast: XAU/USD eyes additional declines towards $1,735 – Confluence Detector 19 August 2022

Gold price remains exposed to further downside risks amid notable US dollar demand so far this Friday. The greenback continues to build onto its recov

EUR/USD: Bears keep the pressure around 1.0070/80 19 August 2022

Price action around the single currency remains subdued and motivates EUR/USD to keep business in the lower end of the recent range in the 1.0070/80 b

GBP/USD slides below 1.1900 mark, hits one-month low amid broad-based USD strength 19 August 2022

The GBP/USD pair prolongs a one-and-half-week-old bearish trend and continues losing ground for the third successive day on Friday. This also marks th

EUR/USD could find it difficult to attract buyers unless it manages to reclaim 1.0100 19 August 2022

EUR/USD has gone into a consolidation phase following Thursday's steep drop. The pair needs to reclaim 1.0100 to stage a correction, FXStreet’s Eren S

A higher interest rate for longer looks to be the way forward for Fed – Danske Bank 19 August 2022

Economists at Danske Bank find reasonable for the market to pull back on expectations for interest rate cuts next year. In their view, Federal Reserve

USD/JPY jumps to fresh monthly peak, seems poised to prolong the appreciating move 19 August 2022

The USD/JPY pair builds on the overnight bullish breakout momentum through the 50-day SMA resistance and gains traction for the fourth successive day

European Monetary Union Current Account n.s.a increased to €3.24B in June from previous €-15.4B 19 August 2022

European Monetary Union Current Account n.s.a increased to €3.24B in June from previous €-15.4B

USD/TRY to hit 20.00 by Q1 2023 – MUFG 19 August 2022

The Central Bank of the Republic of Turkey (CBRT) MPC delivered a surprise 100 bps rate cut taking the official policy rate to 13.00% which has led to

European Monetary Union Current Account s.a climbed from previous €-4.49B to €4.24B in June 19 August 2022

European Monetary Union Current Account s.a climbed from previous €-4.49B to €4.24B in June

Greece Current Account (YoY) climbed from previous €-2.004B to €-0.723B in June 19 August 2022

Greece Current Account (YoY) climbed from previous €-2.004B to €-0.723B in June

GBP/USD to extend further to the downside over the coming weeks – MUFG 19 August 2022

The GBP/USD rate has broken back below the 1.2000 level. In the view of economists at MUFG Bank, GBP downside risks persist despite better sales data.

US Dollar Index looks firmer and advances to 4-week highs near 107.70 19 August 2022

The greenback, in terms of the US Dollar Index (DXY), climbs further and reaches multi-week tops around 107.70 at the end of the week. US Dollar Index

AUD/USD bounces off two-week low, lacks follow-through amid risk-off/sustained USD buying 19 August 2022

The AUD/USD pair stages a modest bounce from a two-week low touched earlier this Friday and moves back above the 0.6900 mark during the early European

NZD to weaken against the USD over the short to medium-term – HSBC 19 August 2022

The Reserve Bank of New Zealand (RBNZ) raised its policy rate by 50 bps to 3.00% and signalled further rate hikes over the near term. NZD/USD jumped a

EUR/PLN has room for further gains towards the 4.735/40 zone – ING 19 August 2022

The sell-off in Central and Eastern Europe continues. Economists at ING think the Polish zloty is the next victim, which will not be helped by domesti

US Dollar Index to face stubborn resistance at the 108 level – ING 19 August 2022

The dollar continues to retrace the mid-July to mid-August sell-off. But the US Dollar Index (DXY) is set to struggle to surpass the 108 barrier, econ

USD/CAD marches towards 1.3000 as yields propel DXY, oil eases ahead of Canada Retail Sales 19 August 2022

USD/CAD buyers approach the monthly high while refreshing the daily peak around 1.2970 during the initial hour of Friday’s European trading session. I

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

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