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  • Gold is trading at six-month low after losing 3% in past four sessions
  • Dollar index – partial profit-taking seen as positioning for fresh advance
  • EURGBP lost ground after multiple rejection under key 200DMA barrier
  • USDJPY -psychological 150 barrier under increased pressure
  • EURUSD – further weakness expected after limited consolidation
  • Gold extends steep fall below $1900
  • Crude oil prices rise on dominating supply factor
  • EURGBP in extended sideways mode and looks for fresh direction signal
  • EURUSD – bears may take a breather before larger downtrend resumes
  • Cable falls further, psychological 1.20 support coming in focus

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Market News

Breaking: Canada’s GDP rises by 6.5% in June vs 5.6% f/c and upward-revised May’s 4.8%

Slobodan Drvenica Aug 28, 2020
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Market News

Breaking: Canada’s May GDP 4.5% vs 3.5% f/c, signals return to growth

Slobodan Drvenica Jul 31, 2020
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Market News

Breaking: Canada’s Mar GDP -7.2% vs -9% forecasted

Slobodan Drvenica May 29, 2020
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Uncategorized

Breaking: Canada March retail sales -10%, in line with expectations, sharply down from 0.4% previous…

Slobodan Drvenica May 22, 2020
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Technical Outlook

Loonie falls to one week low on Canada’s economy record contraction; BOC kept rates unchanged

Slobodan Drvenica Apr 15, 2020
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Market News

Breaking: Canada lost 1 million jobs in March, Unemployment rose to 7.8%

Slobodan Drvenica Apr 9, 2020
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Market News

Breaking: Bank of Canada cuts key policy rate by 50 basis points to 0.25%

Slobodan Drvenica Mar 27, 2020
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Technical Outlook

Weak US and upbeat Canada’s jobs data inflate loonie

Slobodan Drvenica Jan 10, 2020
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Technical Outlook

Loonie extends advance as Canada’s inflation rose in line with expectations

Slobodan Drvenica Dec 18, 2019
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Technical Outlook

Loonie extends recovery after solid Canada’s retail sales data

Slobodan Drvenica Nov 22, 2019
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Lastest Posts
  • Gold is trading at six-month low after losing 3% in past four sessions
  • Dollar index – partial profit-taking seen as positioning for fresh advance
  • EURGBP lost ground after multiple rejection under key 200DMA barrier
  • USDJPY -psychological 150 barrier under increased pressure
  • EURUSD – further weakness expected after limited consolidation

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