German Chancellor Angela Merkel and French President Nicolas Sarkozy agreed to ask Euro officials leaders to assess a “comprehensive and ambitious” package of measures to solve the Greece ...
The EUR/USD volatility extended on Thursday and the fluctuations were heavy and evident with conflicting news and signals from the euro area, confirming that the leaders are still at odds and further ...
In Canada, the Composite Leading Index declined 0.1% (M-o-M) in September, unchanged from August.In the Asian session, at GMT0300, the pair is trading at 1.0228, with the USD trading 0.41% higher from...
Consolidation above the Exponential Moving Averages 20 and 50 along with the breach of the minor descending channel as shown above could support the pair to form a double bottom pattern. This pattern ...
Bulls meet initial support close to the psychological 1.0000 level.USD/CAD bulls are reversing higher from that all-important 1.0000 level (psychological level and prior trading range).Positive ...
Canadian dollar rose against greenback amid easing concerns that the US economy is heading into recession.In the Asian session, at GMT0300, the pair is trading at 1.0132, with the USD trading 0.19% ...
The pair fulfilled our positive expectations yesterday, yet settled for areas around 1.0255 and then reversed to the downside to currently trade below the bottom of point (C) of the bearish AB=CD ...
The pair has not traded below this level thus far this week; currently testing support which leaves the topside target 1.01261. In the case of a break low, the first level lower is a full hourly ...
The U.S. dollar strengthened last night verses most major currencies in light of the decreased levels of risk. The Canadian currency reacted accordingly and could not maintain the positive momentum ...
In economic news, the foreign investment in Canadian Securities declined to $7.92 billion in August, compared to $12.13 billion in the previous month.In the Asian session, at GMT0300, the pair is ...