The Canadian Dollar traded nearly 1.5% higher at its peak on Monday. Canada’s latest BoC outlook reveals nothing particularly noteworthy. The Loonie is benefiting from a broad-market easing in the Greenback. The Canadian Dollar (CAD) caught a rare boost on Monday, dragging USD/CAD back below 1.4400 as investors across the globe find some risk appetite

Markets Markets today ‘enjoyed’ some final calm before the expected storm. US markets are closed for Martin Luther King Day, given investors an additional day to reassess their strategy before Donald Trump later takes office as president of the US. Already at its first working day, he is expected to kickstart a policy U-turn with

Created on January 20, 2025 The West Texas Intermediate or Light Sweet Crude market has been somewhat noisy during the trading session on Friday as we continue to bounce around an area that quite frankly is going to end up being more or less consolidation and resistance. After all, the $78.50 level has been resistance

The yen is almost unchanged on Monday. In the European session, USD/JPY is trading at 156.37, up 0.06% on the day. We can expect a quiet day, as the US observes Martin Luther King Day and Donald Trump will be sworn in as President. The yen is coming off a busy week, with sharp swings

Created on January 20, 2025 The USD/MXN is near the 20.83750 ratio as of this writing with fast fluctuations being displayed early this morning. The currency pair did fall to a low around the 20.67000 mark on Friday before beginning to crawl upwards again. This morning’s early trading has seen more buying as financial institutions

FTSE rises to fresh record highs Attention is on Trump’s policy changes Rightmove data shows strong house price growth GBP/USD remains bellow 1.22 FTSE rises to 8515 The Betsy has risen to a new record high, rising about Friday and closing at 8505, the previous record. The index was led higher by a broad range

EUR/USD falls sharply to near 1.0270 as investors shift focus to the US President-elect Donald Trump’s inauguration ceremony. Trump is expected to release policies on raising tariffs and lowering taxes soon after re-joining the White House.  The ECB minutes showed that officials debated over reducing the Deposit Facility rate by 50 bps in December. EUR/USD

The Japanese Yen strengthens in reaction to the upbeat Core Machinery Orders data. Firming expectations for an additional BoJ rate hike this week also underpin the JPY. Bets that the Fed will cut interest rates further weigh on the USD and the USD/JPY pair. The Japanese Yen (JPY) attracts some dip-buyers following an Asian session

Gold Price Outlook: XAU/USD The price of gold snaps a three-day rally to hold below the December high ($2726) ahead of the inauguration of US President Donald Trump. Gold Price Snaps Three-Day Rally Ahead of Trump Inauguration The price of gold struggles to extend the recent series of higher highs and lows as it pulls

Created on January 19, 2025 EUR/USD The euro has been a slightly positive market for the week, but it is worth noting that the market is at an extreme low. The 1.03 level is going to be a magnet for price, but I would expect this to be a situation where a bounce is somewhat

Created on January 19, 2025 Coffee Arabica once again showed its ability to test the 322.00 support level this past Wednesday. But this value was seen after a move higher early on Monday which showed that large players in Coffee Arabica remain firmly in control of the commodity, this when it jumped to a high

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Created on January 19, 2025 The EUR/USD went into this weekend near the 1.02669 mark, this price remains within the long-term lows for the currency pair as it traverses near values last seen in November 2022. It should be noted that the prices seen in November of 2022 occurred during a bullish move, this after

AUD/USD snapped a 6-week losing streak, helped by a weaker US dollar and stronger yuan While the Australian dollar rose again most currencies, it was more of a reprieve from selling over a risk-on bounce The 4-day week in the US and lack of top-tier day might suppress volatility for AUD/USD this week    

Created on January 19, 2025 Fundamental Analysis & Market Sentiment Long of Corn futures following a daily close above 475 (CORN etf can also be used). This set up on Monday, and the price rose by a further 1.64% over the rest of the week. The weekly loss of 7.28% equals 2.43% per asset. Last

Created on January 19, 2025 During my analysis of Bitcoin, the first thing that comes to the forefront is the fact that Bitcoin is rallying rather significantly, as we have broken through a significant short-term swing high, and now that we are above there, it looks like Bitcoin could continue to go looking to the

Created on January 19, 2025 More buying was produced in WTI Crude Oil in the middle of this past week which saw the commodity extend gains up to the 79.350 vicinity. Trading early last week did see some incremental selling after the previous weeks of gains and sustained bullish momentum, a low on Wednesday challenged

Created on January 20, 2025 The British Pound has fallen a bit during the trading session on Friday, which in and of itself isn’t surprising because we’ve seen it do that all week. However, this time, it doesn’t look like it’s ready to bounce as much as it was previously, and therefore I think you