USD/CAD Canadian Dollar Higher After Strong GDP and Persistent USD Weakness
The Canadian dollar is higher on Wednesday after the economy accelerated its growth in November. Can...
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Fed Expected to Leave Rates Unchanged in Last Yellen Meeting
The Federal Reserve may sound a bit more hawkish as Fed Chair Janet Yellen’s tenure comes to a...
ADP Jobs Report Beats Expectations Sets Stage for NFP on Friday
The new year got off to a strong start for job creation, with businesses adding 234,000 in January, ...
US Commerce Secretary Says NAFTA Far from Being Completed
The efforts to renegotiate NAFTA are “far from being completed at this point,” Commerce ...
Canadian GDP Rose 0.4 in November
The Canadian economy accelerated in November by the most in six months, with activity broad-based ac...
Justin Trudeau Does Not Believe US will pull out of NAFTA
Canadian Prime Minister Justin Trudeau said in an interview he does not think U.S. President Donald ...
US Treasury Secretary Urges Congress to Raise Debt Ceiling
Treasury Secretary Steven Mnuchin on Wednesday called on the Republican-controlled Congress to lift ...
Dollar Weaker on Shrinking Central Bank Divergence and US Trade Stance
A persistently weak dollar is confounding currency traders and roiling global financial markets. Inv...
DoubleLine CEO Says Weak USD Good for Commodities
There’s good news ahead for commodities, with a particular bet on metals, as the outlook for t...
Oil Analyst Warns of Speculative Bubble
If the man who called the 2015 crude collapse is right, the oil market could be the next area to see...
Oil Mixed After Surprise Drawdown in US Oil Inventories
Oil prices fell on Wednesday for a third day, after the U.S. Energy Department said oil inventories ...
Gold Steady Ahead of Fed Rate Statement
Gold has posted slight gains in the Wednesday session. In North American trade, the spot price for a...
GBP/USD – Pound Gains Continue, Investors Eye Fed Statement
The British pound has posted gains for a second straight day. In Wednesday’s North American se...
USD/JPY – Yen Lower Despite Mixed Japanese Numbers
The Japanese yen continues to have an uneventful week. In Wednesday’s North American session, ...
ECB Coeure says Inflation will Reach CB Goal Very Gradually
Executive Board member Benoit Coeure said euro-area inflation will converge “only very graduallyâ€...
Fed Statement Eyed In Yellen’s Final Meeting
US Markets Bounce Back From Tuesday’s Month-End Sell-Off US equity markets are seen opening a litt...
USD/CAD – Canadian Dollar Improves, GDP Next
The Canadian dollar has posted slight losses in the Wednesday session. Currently, the pair is tradin...
European Stock Markets Up Slightly as Eurozone Inflation Report as Expected
The DAX and CAC indices have posted slight gains in the Wednesday session. The DAX is trading at 13,...
Fed Could Signal Changes to Outlook
Wednesday January 31: Five things the markets are talking about Month-end USD sales and event risk o...
EUR/USD – Euro Higher as Eurozone CPI Matches Forecast
The euro has posted slight gains in the Wednesday session, in what continues to be an uneventful wee...