[Daily Analysis] USDJPY

Fundamental Analysis Dollar on in ranging as attention remains on candidates to head the U.S. Federal Reserve when current chief Janet Yellen’s term expires in February. Click here to read more. Technical Analysis Looking for short opportunity with probable double top formation. Only entry if break below and close below...


[Daily Analysis] CADJPY

Fundamental Analysis The Canadian dollar fell to a 10-week low at C$1.2775 to the greenback after the Bank of Canada as expected left key overnight interest rates unchanged. Click here to read more Technical Analysis Looking to Short CADJPY by hzs on CADJPY broke the consolidation yesterday after BOC...


[Daily Analysis] CADCHF

Fundamental analysis Click here for the analysis related to Canadian dollar Technical analysis   Looking To Long CADCHF by hzs on Based on higher time frame (TF) and fundamental analysis, CAD is likely to go bullish. As based on D1 TF, CADCHF is still ranging. It is possible...


Dollar slips after Fed minutes, eyes on U.S. inflation data

The dollar hit a two-week low versus a basket of currencies on Thursday after minutes from the U.S. Federal Reserve’s latest meeting suggested some central bankers are still concerned about persistently low inflation. The dollar index, which measures the greenback’s value against a basket of six major currencies, touched...


Sterling slips on worries over economic, political uncertainty

Sterling slipped to a three-week low on Tuesday after data showed construction sector activity tumbled in September, and as investors worried about political and economic uncertainty surrounding Britain’s exit from the European Union. Brexit minister David Davis told the Conservative Party conference on Tuesday that Britain wants to negotiate...


Dollar stands tall against euro as investors watch Catalan vote aftermath

The dollar started the month on a high note on Monday, gaining against the euro and other major counterparts as investors monitored an independence vote in Spain’s Catalonia. The dollar index, which tracks the greenback against a basket of six major currencies, added 0.1 percent to 93.192. Liquidity was...