3 years ago By DanTapiero — The USD/CAD pair broke above 1.2400 on Friday and reached its strongest level since April 26 at 1.2453. As of writing, the pair was up 0.7% on the day

3 years ago By DanTapiero — Silver price rebounds from 200-DMA but 50% Fib level caps the upside. As FXStreet’s Dhwani Mehta notes, 61.8% Fibo support holds the key for XAG/USD.

3 years ago By DanTapiero — EUR/JPY accumulates minor gains on Friday in the Asian trading hours. The pair fell sharply from the high of 132.90 in the previous session to close n

3 years ago By DanTapiero — The June FOMC meeting triggered a sharp rally of the US dollar across the board. Analysts at Rabobank still see the NZD/USD pair at 0.73 in a three-mo

3 years ago By DanTapiero — USD/JPY is testing the important downtrend at 110.73/77, which analysts at Credit Suisse look to be broken to open up a test the YTD high at 110.97. A

3 years ago By DanTapiero — The USD/JPY pair now seems to have entered a bullish consolidation phase and was seen oscillating in a band near the 110.70-75 region, or the highest

3 years ago By DanTapiero — Amidst the US Federal Reserve’s (Fed) hawkish turn on the monetary policy, analysts at Goldman Sachs continue to predict a weaker US dollar going forw

3 years ago By DanTapiero — Reuters reported that the Bank of Canada saw some choppiness in growth in the second quarter of 2021 following a sharp economic recovery from the COVI

3 years ago By DanTapiero — The Fed announces its decision and also publishes its quarterly forecasts for growth, inflation, employment and interest rates on Wednesday, June 16 a

3 years ago By DanTapiero — USD/CAD has continued higher after its recent break above 1.2145. Analysts at Credit Suisse look for a slightly deeper correction going into the FOMC,