Canadian Dollar Jumps on Energy Gains Ahead of OPEC+. Will USD/CAD Break Lower?
The Canadian Dollar has strengthened in recent sessions as energy prices continue to soar. Will USD/CAD move through nearby support levels?
The Canadian Dollar has strengthened in recent sessions as energy prices continue to soar. Will USD/CAD move through nearby support levels?
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Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.
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Fed speakers sound hawkish, and rates markets have rapidly adjusted to the reality of a taper announcement in November.
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Trader confidence has taken a battering from fears that higher commodity prices will harm global growth and increase inflation, leading to lower stock prices and demand for safe havens like USD.