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2024-04-17T10:50:22+0100
USD/CAD
EUR/GBP and USD/CAD fall back, while AUD/USD consolidates
The euro is retreating against the pound, as is the US dollar versus its Canadian counterpart. AUD/USD is holding firm near recent highs.
2024-03-14T10:39:04+0000
EUR/GBP moves higher but AUD/USD and USD/CAD rallies stall
While the euro is pushing higher against the pound, the Aussie’s bounce against the dollar has run into some selling, as has that for the US dollar versus its Canadian counterpart.
2024-03-12T11:36:08+0000
Trade of the week: long USD/CAD
IG’s Chief Market Analyst, Chris Beauchamp, looks at going long USD/CAD around C$1.3480, with a stop at C$1.3400 and a target of C$1.3650.
2024-03-11T12:30:02+0000
Trading the trend: long VIX
Since several US equity indices are displaying negative divergences on their daily Relative Strength Index (RSI) oscillators, a possible corrective move lower may lead to a spike in volatility.
2024-02-28T12:36:04+0000
Trading the trend: long USD/CAD
Tuesday’s higher-than-expected US inflation print led to a surge in the US dollar.
2024-02-14T12:53:21+0000
EUR/USD and GBP/USD try to halt losses, while USD/CAD falls back
Both the euro and sterling are attempting to stem the downside against the dollar, while the US dollar is dropping back against the Canadian dollar.
2024-02-07T11:03:10+0000
GBP/USD holds firm while USD/JPY and USD/CAD edge up as markets await Fed decision
The pound is steady against the dollar, while the US currency has moved up against the yen and the Canadian dollar.
2024-01-31T12:25:52+0000
GBP/USD and AUD/USD edge higher, while USD/CAD rally stalls
Both sterling and the Australian dollar have managed to move up slightly against the US dollar, while recent USD/CAD strength seems to have been halted for now.
2024-01-24T12:19:55+0000
