Highlights The Loonie has lost substantial ground to the greenback this year, a fate it shares with several other major G10 currencies. Wider interest-rate gaps have made U.S. assets more attractive, adding pressure on CAD alongside other advanced-economy currencies. The baseline still points to eventual loonie recovery, but that view is vulnerable if U.S. productivity…
The dollar index DXY is down by -0.11% today. The dollar is moving lower today as strength in stocks has reduced liquidity demand for the currency. The dollar dropped to its low after US Jun existing home sales unexpectedly declined. Losses in the dollar are limited after US weekly jobless claims unexpectedly fell to a…
The New Zealand dollar rose again on Thursday, as we continue to see a significant recovery play out here. NZD/USD The New Zealand dollar has been very strong during the trading session on Thursday as traders continue to look at interest rate markets for clues. The interest rates in New Zealand were raised, and now…
GBP/CAD climbed to its highest level in a decade this week, reflecting an increasingly powerful divergence between a Pound supported by fading domestic political risks and a Canadian Dollar facing mounting structural headwinds. Sterling continues to benefit from the unwinding of sizeable speculative short positions built ahead of Prime Minister Keir Starmer’s resignation, while Bank…
New Zealand Dollar outperformed across the board today after a much stronger-than-expected manufacturing survey reinforced confidence that the economy is gaining momentum following the Reserve Bank of New Zealand’s rate hike. At the other end of the spectrum, Canadian Dollar is the weakest major currency despite another sharp rebound in oil prices, underscoring that structural…
BNB Chain just announced plans for a new Layer-1 blockchain dedicated to AI agents. Rolling out second half 2026. Written by: Sophia Cruz • Thursday, July 9, 2026 • 2 min read • Last updated: Thursday, July 9, 2026 Add an article to your Reading List Register now to be able to add articles to…
Today’s Gold Analysis Overview: Gold’s overall trend: Bearish in the medium term with a short-term upward correction. Today’s Gold Support Points: $4,050 – $4,000 – $3,940 per ounce. Today’s Gold Resistance Points: $4,170 – $4,220 – $4,300 per ounce. Today’s Gold Trading Signals: Bullish Scenario: Buy gold from the support level of $4,020 with a…
Day traders are free to believe the USD/MYR remains in overbought territory and the currency pair can move lower. The problem is picking exactly when this is going to happen. Last Friday, during the U.S banking holiday, the USD/MYR dropped to the 4.0600 vicinity, but quickly found some incremental buying entering the Forex sphere. The…
EUR/USD Analysis Summary Today Overall Trend: Bearish in the medium term, with temporary corrective recovery attempts. Support Levels for EUR/USD Today: 1.1355 – 1.1325 – 1.1200 Resistance Levels for EUR/USD Today: 1.1450 – 1.1500 – 1.1565 EUR/USD Trading Signals: Buy scenario (with corrective bounce): Buy from the support level of 1.1370, targeting 1.1500, with a…
The GBP/USD currency pair is typically driven more by the US Dollar than by the British Pound, but that may be starting to change as the Pound claims the mantle of a relatively strong currency. It is certainly true today. What are the likely scenarios when the London and New York sessions bring more liquidity…