Page 23 - Dollar Forecast News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Canadian Dollar Forecast: On the Verge of a Bullish Breakout? Levels for CAD/JPY, USD/CAD Advertisement Canadian Dollar Forecast Overview: CAD/JPY rates look ready to trade higher as multi-year resistance is pressured. USD/CAD rates look like they want to try higher too, however, with a bullish falling wedge taking shape in recent weeks. The first Bank of Canada rate decision of 2021 proved an ineffectual central bank that doesn’t want a stronger currency but can’t do much to stop it. Canadian Dollar Spars with BOC, Winning The Canadian Dollar has had a mixed January, ...

Canadian Dollar Forecast: Busy Week Ahead, GDP, Fed, IMF, Earnings Season 2021-01-23 08:00:00 Daniel Dubrovsky, Strategist Canadian Dollar Fundamental Forecast: Neutral The USD/CAD may focus on stock-steering event risk Watch for: GDP, Fed, IMF, earnings and US stimulus The Canadian Dollar traded mixed against the US Dollar this past week, but its broader path of appreciation since late March 2020 remains intact. CAD received a boost after Bank of Canada’s Governor Tiff Macklem noted that the nation ‘will not need as much QE’ over time under their base case. His comments crossed the wir...

Australian Dollar Forecast: Key AUD/USD, AUD/NZD Levels to Watch 2021-01-22 09:00:00 Justin McQueen, Analyst AUD/NZD | Rich Levels Relative to Spreads A bout of risk aversion sees the Australian Dollar under pressure this morning with a larger than expected drop in retail sales adding to the soft tone for the currency. However, the retail sales data can be largely overlooked given that it is a slight normalisation from the Black Friday inspired boost in prior month. That said, the trend remains the same for the US Dollar, whi...

US Dollar Firms, Market Sentiment Sours, Oil Prices Dragged Down - US Market Open 2021-01-22 14:30:00 Justin McQueen, Analyst Risk Sentiment Sours on Virus Concerns USD Firms QUICK TAKE: Risk Sentiment Soars, USD Firms, Oil Prices Drop Equities: Markets are on the defensive to close the week amid renewed COVID concerns. A UK government source hinted a possible two-phase unlocking plan whereby a national lockdown would be stretched out before moving the entire country into tier 2 lockdown. Elsewhere, EU’s Von Der Leyen has s...

Australian Dollar Forecast: Jobs Report Fails to Inspire AUD/USD 2021-01-21 00:30:00 Thomas Westwater, Analyst Australian Dollar, AUD/USD, Covid, Australian Jobs Report – Talking Points Upbeat Wall Street session may boost Asia-Pacific sentiment Australian employment report for December sees 50k jobs added, as expected AUD/USD marginally lower following jobs report, Triangle formation eyed The New York trading session saw major stock indexes climb to new record highs on Wednesday, bolstered by upbeat earnings. The Nasdaq Composite rose by an impressive 1.97%, followed by the S&P 500, Dow J...