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Canadian Dollar Price Outlook: USD/CAD Re-Tests Fibonacci Resistance

Canadian Dollar Price Outlook: USD/CAD Re-Tests Fibonacci Resistance

If you are new to Forex trading, then probably the best place to start is the Canadian Dollar Price Outlook: USD/CAD Re-Tests Fibonacci Resistance. That’s a very easy way to get yourself set up in a profitable position right from the start. There is no reason why a beginner should get behind. It’s one of …

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Crude Oil Prices Rise With Risk Appetite As Markets Hope for Dovish Fed

Crude Oil Prices Rise With Risk Appetite As Markets Hope for Dovish Fed

An increase in the U.S. Dollar has led to an increase in crude oil prices. In this period, speculators in the market hope for a reversal of this trend. Crude oil prices have risen as the U.S. Dollar has dropped and inflation is expected to increase. The International Monetary Fund (IMF) and other global central …

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Mexican Peso Price Drops on Fitch Downgrade, Australian Dollar at Risk

Mexican Peso Price Drops on Fitch Downgrade, Australian Dollar at Risk

The Global Financial Crisis has left some observers concerned that the American and Canadian Dollar may suffer the same fate as the Mexican Peso. At present, the Mexican Peso is only trading at its medium strength level. As such, a downward pressure may be exerted on the Mexican Peso if the US Federal Reserve moves …

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Gold Price to Resume Ascent as Fed Asset Purchases Balloon

Gold Price to Resume Ascent as Fed Asset Purchases Balloon

Speculators, who have joined the bandwagon of shorting the US Dollar, believe that the United States Government will raise interest rates soon and stop buying gold. The Federal Reserve Asset Purchase Programs (AIP) are inflating the gold price. Inflation is a form of fad inflation. People don’t want to live by a fixed standard of …

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Australian Dollar Data Drought Will Leave Coronavirus In Charge

Australian Dollar Data Drought Will Leave Coronavirus In Charge

Not that long ago, not a month went by without the news of a new Coronavirus outbreak in Australia. In fact, many scientists believe that a Coronavirus drought is now occurring. The recent outbreaks in Chicago and Cleveland have all occurred while the Coronavirus has been in the midst of a Coronavirus drought. Experts say …

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