USDCAD Hits Resistance at Swing Area, Sellers Step In
USDCAD rose to the 1.41297-1.41488 resistance zone and reversed, as sellers stepped in. The pair now tests that swing area for direction.
USDCAD rose to the 1.41297-1.41488 resistance zone and reversed, as sellers stepped in. The pair now tests that swing area for direction.
President Trump hosts Chinese President Xi at White House; discussions cover trade, tech, Taiwan, Iran with no firm outcomes.
USDCAD broke above August highs, testing 1.4080 support. Buyers held the 61.8% retracement, keeping the uptrend intact.
S&P Global's flash September US PMIs due Wednesday; traders forecast Manufacturing at 53.5 and Services at 56.
ANZ and Credit Agricole see near-term dollar support from rate repricing, but caution that upside may be capped.
USDCAD retreats to 1.4000 after rally stalls; bulls must hold above 1.39893 to maintain bias.
EUR/USD fell after the Fed's hawkish hold, with traders eyeing Trump's meeting with Gulf leaders and upcoming PMI data.
Dollar trades mixed as markets digest the Fed's 25bp hike and BOE's hold. Equities rebound, yields fall, oil dips toward $100.
Federal Reserve hikes rates for first time in three years; dollar rises.
The Fed decision strengthened the dollar and lifted short-term Treasury yields; the Dow turned negative but technology stocks held their gains.
The Federal Reserve raised interest rates by 25 basis points for the first time in three years, as expected. The decision was unanimous.
The USD/INR pair reversed all gains from RBI interventions as higher oil prices pressured the rupee. The pair now tests resistance at 96.10.
USD/JPY rose 134 pips, briefly exceeding 155.00, as intervention-related short-covering unwound and yen shorts cleared, with the Treasury Secretary's "house"…
The dollar rises against major currencies while US stock futures fall on AI concerns and Middle East tensions, as markets await Fed, BOE, and BOJ decisions.
August CPI data kept the Fed on track for a rate hike, pushing Treasury yields higher, while US stocks rebounded.