Page 18 - Dollar Forecast News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Canadian Dollar Forecast: Bullish Divergence Hints at Rebound for USD/CAD 2021-05-04 07:00:00 Daniel Moss, Analyst Canadian Dollar, USD/CAD, Coronavirus Vaccines, Crude Oil Prices, Bullish Divergence – Talking Points: The Canadian Dollar may give up gained ground in the near term as coronavirus cases continue to remain elevated. Bullish RSI divergence could ignite a rebound in USD/CAD rates. Asia-Pacific Recap Equity markets traded broadly mixed during Asia-Pacific trade, with Australia’s ASX 200 and Hong Kong’s Hang Seng Index climbing higher while China’s CSI 300 and Japan’s Nik...

Australian Dollar Forecast: AUD/NZD Tracks Higher as Economic Data Looms 2021-05-02 23:00:00 Thomas Westwater, Analyst Australian Dollar, AUD/NZD, Covid, India -Talking Points Australian Dollar looks toward upcoming economic data this week for direction Covid situation in Australia and India presents possible headwinds to sentiment AUD/NZD tracks higher within Falling Wedge pattern, but outlook remains unclear Monday’s Asia-Pacific Outlook Asia-Pacific markets will see a handful of economic data prints that may influence market sentiment. The primary is Tuesday’s interest rate decision f...

Australian Dollar Forecast: Dow Jones May Support AUD, Dovish RBA Poses a Risk 2021-05-02 03:00:00 Daniel Dubrovsky, Strategist Australian Dollar Fundamental Forecast: Neutral Australian Dollar gains against USD but remains flat since January Dovish RBA policy expectations offsetting impact of rosy stock market Dow Jones may flag risk-on AUD support, offsetting local CPI data The sentiment-linked Australian Dollar aimed cautiously higher this past week. But on the whole, it remains unchanged against the US Dollar since the beginning of this year. The Aussie’s consolidative dynamic for the p...

Canadian Dollar Forecast: Oil Prices, Covid-19 Infections May Weigh on CAD 2021-04-28 07:00:00 Daniel Moss, Analyst Canadian Dollar, USD/CAD, Crude Oil, Coronavirus Restrictions, IGCS – Talking Points: Equity markets crept cautiously higher during APAC trade ahead of tomorrow’s FOMC meeting. Stagnating crude oil prices and a flurry of coronavirus restrictions may limit the Canadian Dollar’s upside potential. Potential Double Bottom pattern could trigger a bullish reversal for USD/CAD rates. Asia-Pacific Recap Equity markets traded cautiously higher during the Asia-Pacific trading ses...

Canadian Dollar Forecast: CAD/JPY May Resume Rise, Less Dovish BoC Eyed 2021-04-27 05:30:00 Daniel Dubrovsky, Strategist Canadian Dollar, CAD/JPY, Bank of Canada, Bank of Japan – Analyst Pick BoC tapered asset purchases while BoJ remained more dovish CAD/JPY may revisit March highs, a formidable resistance zone After a bit of a pause, the Canadian Dollar could be back on track to appreciate from a fundamental standpoint, especially against the Japanese Yen. Last week, the Canadian Dollar rose in the aftermath of the BoC monetary policy announcement. There, the central bank reduced emergency...