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CAD regains some ground ahead of BoC policy decision – Scotiabank
CAD regains some ground ahead of BoC policy decision – Scotiabank
By Fxstreet
CAD regains some ground ahead of BoC policy decision – Scotiabank
The Canadian Dollar (CAD) lost ground yesterday after weaker than expected CPI data lifted market speculation that the BoC could cut interest rates at today’s policy decision (13:45 GMT), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Canada
BOC
USDCAD
Banks
GBP extends rally for seventh session – Scotiabank
GBP extends rally for seventh session – Scotiabank
By Fxstreet
GBP extends rally for seventh session – Scotiabank
Pound Sterling (GBP) is up 0.3% vs. the US Dollar (USD) and a mid-performer among the G10 currencies as it extends its gains for a seventh consecutive session and pushes toward its prior (September) highs around 1.34, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Technical Analysis
Banks
GBPUSD
USD: Trade tensions keep US markets on the defensive – Scotiabank
USD: Trade tensions keep US markets on the defensive – Scotiabank
By Fxstreet
USD: Trade tensions keep US markets on the defensive – Scotiabank
The USD is trading defensively this morning again, while US Treasurys are weaker (and underperforming) and US equity futures are softer. Global stocks are lower after the US government said it would require Nvidia to obtain a license to export one of its chips to China.
Technical Analysis
US Elections
Fed
Banks
DollarIndex
What technical levels are in play for the USDCAD through the BOC rate decision?
What technical levels are in play for the USDCAD through the BOC rate decision?
By Forex Live
What technical levels are in play for the USDCAD through the BOC rate decision?
The expectations are a toss-up which should give the USDCAD pair a shove one way or the other
US Retail Sales rise by 1.4% in March vs. 1.3% expected
US Retail Sales rise by 1.4% in March vs. 1.3% expected
By Fxstreet
US Retail Sales rise by 1.4% in March vs. 1.3% expected
Retail Sales in the United States (US) rose by 1.4% in March to $734.9 billion, the US Census Bureau announced on Wednesday. This reading followed the 0.2% increase recorded in February and came in slightly better than the market expectation for an increase 1.3%.
UnitedStates
RetailSales
EconomicIndicator
Macroeconomics
Forex and CFD Trading Population in Poland Surges 40% as Losses Mount to Record 1.3B Zlotys
Forex and CFD Trading Population in Poland Surges 40% as Losses Mount to Record 1.3B Zlotys
By Finance Magnates
Forex and CFD Trading Population in Poland Surges 40% as Losses Mount to Record 1.3B Zlotys
The number of active Forex traders in Poland surged by 40% in 2024, reaching nearly 117,000 participants, while total losses simultaneously rose by 18% to a staggering 1.3 billion zlotys.
poland
forex
CFD
US March retail sales +1.4% vs +1.3% expected
US March retail sales +1.4% vs +1.3% expected
By Forex Live
US March retail sales +1.4% vs +1.3% expected
March 2025 US retail sales
Two things to watch in the US retail sales report
Two things to watch in the US retail sales report
By Forex Live
Two things to watch in the US retail sales report
The data is due at the bottom of the hour
The USD is lower vs the EUR, JPY and GBP to kickstart the trading in the US for April 16
The USD is lower vs the EUR, JPY and GBP to kickstart the trading in the US for April 16
By Forex Live
The USD is lower vs the EUR, JPY and GBP to kickstart the trading in the US for April 16
What technical levels in those 3 currency pairs should traders be paying attention to? I will go through them in this video.
ForexLive European FX news wrap: Dollar shoved lower as risk remains cautious
ForexLive European FX news wrap: Dollar shoved lower as risk remains cautious
By Forex Live
ForexLive European FX news wrap: Dollar shoved lower as risk remains cautious
Forex news from the European morning session on Apr 16, 2025
Session wrap
Wrap Europe
NZD/USD: A lower beta to AUD – ING
NZD/USD: A lower beta to AUD – ING
By Fxstreet
NZD/USD: A lower beta to AUD – ING
The New Zealand dollar has shown resilience compared to its Australian counterpart, as markets see less tariff risk for NZ.
Technical Analysis
Banks
AUDUSD
NZDUSD
USDCAD: a look at the chart ahead of the BoC rate decision
USDCAD: a look at the chart ahead of the BoC rate decision
By Forex Live
USDCAD: a look at the chart ahead of the BoC rate decision
The BoC is expected to hold rates unchanged today but there are good chances of a 25 bps cut
China: Currency weakens despite favourable data – Commerzbank
China: Currency weakens despite favourable data – Commerzbank
By Fxstreet
China: Currency weakens despite favourable data – Commerzbank
This morning, the PBoC raised its USD/CNY exchange rate fixing again, paving the way for a slightly weaker CNY, Commerzbank's FX analyst Volkmar Baur notes.
Banks
PBOC
USDCNH
China
USDCNY
White House note shows US tariffs against China could be hiked up to 245%
White House note shows US tariffs against China could be hiked up to 245%
By Forex Live
White House note shows US tariffs against China could be hiked up to 245%
The number doesn't matter all too much at this point
USD/CAD declines to near 1.3900 ahead of BoC’s monetary policy decision
USD/CAD declines to near 1.3900 ahead of BoC’s monetary policy decision
By Fxstreet
USD/CAD declines to near 1.3900 ahead of BoC’s monetary policy decision
The USD/CAD pair falls sharply to near 1.3900 in Wednesday’s European session. The Loonie pair weakens as the US Dollar (USD) falls back after a short-recovery move on Tuesday. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slumps to near 99.40.
BOC
TradeWar
Fed
USDCAD
DollarIndex
AUD/USD: Still the most vulnerable – ING
AUD/USD: Still the most vulnerable – ING
By Fxstreet
AUD/USD: Still the most vulnerable – ING
AUD/USD has retraced its losses, but the Australian dollar remains fragile amid cross weakness and persistent US-China trade tensions.
Technical Analysis
Banks
AUDUSD
Japan the first key litmus test on Trump's willingness to strike a compromise
Japan the first key litmus test on Trump's willingness to strike a compromise
By Forex Live
Japan the first key litmus test on Trump's willingness to strike a compromise
Keep in mind that Japan is one of the US' closest allies though
CAD: Tariffs recede into the background for the market, but does the same apply for the BoC? – Commerzbank
CAD: Tariffs recede into the background for the market, but does the same apply for the BoC? – Commerzbank
By Fxstreet
CAD: Tariffs recede into the background for the market, but does the same apply for the BoC? – Commerzbank
The tariffs no longer seem to be a major issue for the CAD, especially since the US administration has exempted Canada from the reciprocal tariffs.
Banks
USDCAD
Canada
BOC
Technical Analysis
Gold refreshes all-time highs as tariff war boosts safe-haven demand
Gold refreshes all-time highs as tariff war boosts safe-haven demand
By Fxstreet
Gold refreshes all-time highs as tariff war boosts safe-haven demand
Gold price (XAU/USD) posts a fresh all-time high (ATH) near $3,319 in Wednesday's North American session.. The precious metal remains an attractive investment amid heightening global trade tensions.
XAUUSD
Fed
SEO
Gold
DollarIndex
USD/CAD: Keeping risk premium on for longer – ING
USD/CAD: Keeping risk premium on for longer – ING
By Fxstreet
USD/CAD: Keeping risk premium on for longer – ING
While a Bank of Canada hold is widely expected, it's the looming US-Canada trade tensions and the outcome of Canada's late-April election that may shape the CAD's path.
Technical Analysis
Canada
BOC
USDCAD
Banks
US MBA mortgage applications w.e. 11 April -8.5% vs +20.0% prior
US MBA mortgage applications w.e. 11 April -8.5% vs +20.0% prior
By Forex Live
US MBA mortgage applications w.e. 11 April -8.5% vs +20.0% prior
Latest data from the Mortgage Bankers Association for the week ending 11 April 2025
China: Stronger-than-expected Q1 growth – Standard Chartered
China: Stronger-than-expected Q1 growth – Standard Chartered
By Fxstreet
China: Stronger-than-expected Q1 growth – Standard Chartered
Q1 GDP growth remained solid at 5.4% y/y, providing a cushion to meet the annual growth target. March real activity growth beat market consensus by a significant margin; outlook remains cautious.
Growth
GDP
China
Banks
EUR/CHF: Tough times for the SNB – ING
EUR/CHF: Tough times for the SNB – ING
By Fxstreet
EUR/CHF: Tough times for the SNB – ING
The Swiss franc has surged amid global equity turmoil and waning confidence in the dollar.
Technical Analysis
EURCHF
USDCHF
Banks
Switzerland
Safety, export markets and oil as drivers – Commerzbank
Safety, export markets and oil as drivers – Commerzbank
By Fxstreet
Safety, export markets and oil as drivers – Commerzbank
Much has happened since the US 'Liberation Day' on 2 April. Tariffs have been introduced, only to be partially suspended. Negotiations have begun, though seemingly without much prospect of success. And new tariffs are already being planned. Of course, all this has not left the markets unscathed.
Technical Analysis
Oil
TradeWar
Energy
Banks
Proven Trading Strategy Checklist: What Every Trader Must Include – FBS Recommends
Proven Trading Strategy Checklist: What Every Trader Must Include – FBS Recommends
By Finance Magnates
Proven Trading Strategy Checklist: What Every Trader Must Include – FBS Recommends
Whether you’re a beginner or an experienced trader, setups can serve as a practical guide.
EUR/GBP: Raising the profile – ING
EUR/GBP: Raising the profile – ING
By Fxstreet
EUR/GBP: Raising the profile – ING
EUR/GBP has held up better than expected, buoyed by euro strength and pressure on sterling from rising gilt yields.
Technical Analysis
EURGBP
Banks
Breaking: IC Markets Seeks UAE License
Breaking: IC Markets Seeks UAE License
By Finance Magnates
Breaking: IC Markets Seeks UAE License
IC Markets, the Australia-headquartered broker, is considering strengthening its Middle East presence by obtaining a license in the United Arab Emirates.
IC Markets Global
IC Markets
Enclave Markets Brings Encrypted Trading to Every DeFi User
Enclave Markets Brings Encrypted Trading to Every DeFi User
By Finance Magnates
Enclave Markets Brings Encrypted Trading to Every DeFi User
EnclaveX has all the features one has come to expect from a top-tier perpetuals exchange.
blockchain
USD/CAD slides back into multiyear range – Societe Generale
USD/CAD slides back into multiyear range – Societe Generale
By Fxstreet
USD/CAD slides back into multiyear range – Societe Generale
USD/CAD continues to trend lower after February's rejection at 1.48, breaking below the 200-DMA and slipping back into a multiyear range.
Technical Analysis
USDCAD
Banks
EUR/JPY: Surprisingly steady – ING
EUR/JPY: Surprisingly steady – ING
By Fxstreet
EUR/JPY: Surprisingly steady – ING
Despite global equity market moves, EUR/JPY is diverging from its usual correlations, driven by a dollar sell-off and repatriation flows from Europe and Japan.
Technical Analysis
EURJPY
Banks
USD/JPY under pressure amid tariff jitters – OCBC
USD/JPY under pressure amid tariff jitters – OCBC
By Fxstreet
USD/JPY under pressure amid tariff jitters – OCBC
USD/JPY continues to trade with a bearish tilt as tariff uncertainty and questions over the dollar’s safe-haven role persist.
Technical Analysis
USDJPY
Banks
FCA Allows 16,000 Firms to Skip Three Data Collections; Do CFD Providers Benefit?
FCA Allows 16,000 Firms to Skip Three Data Collections; Do CFD Providers Benefit?
By Finance Magnates
FCA Allows 16,000 Firms to Skip Three Data Collections; Do CFD Providers Benefit?
The Financial Conduct Authority (FCA ) has proposed changes aimed at reducing data reporting requirements for around 16,000 firms. The regulator plans to remove three specific data collections from...
fca
The Financial Conduct Authority (FCA)
retail
Could be something or could be nothing, but things are moving on US-China front
Could be something or could be nothing, but things are moving on US-China front
By Forex Live
Could be something or could be nothing, but things are moving on US-China front
CNBC reports that China replaced its top international negotiator as talks with the US stalled
market overview
Finance Magnates Unveils New Identity
Finance Magnates Unveils New Identity
By Finance Magnates
Finance Magnates Unveils New Identity
Finance Magnates unveils a new look with a fresh logo, colors, and style—reflecting our growth and who we are today: modern, smart, and reliable.
Finance Magnates
Finance Magnates Unveils New Visual Identity
Finance Magnates Unveils New Visual Identity
By Finance Magnates
Finance Magnates Unveils New Visual Identity
Finance Magnates unveils a new look with a fresh logo, colors, and style—reflecting our growth and who we are today: modern, smart, and reliable.
Finance Magnates
Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
By Fxstreet
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data.
Silver
Commodities
Metals
Traders continue to favour dovish bets amid the lack of positive developments on tariffs
Traders continue to favour dovish bets amid the lack of positive developments on tariffs
By Forex Live
Traders continue to favour dovish bets amid the lack of positive developments on tariffs
Interest rate expectations remain skewed to the more dovish side as a couple of disappointing headlines weighed on risk sentiment
market overview
Saxo Unveils Fee-Free Flexible ISA as Demand Skyrockets 600%
Saxo Unveils Fee-Free Flexible ISA as Demand Skyrockets 600%
By Finance Magnates
Saxo Unveils Fee-Free Flexible ISA as Demand Skyrockets 600%
Investment firm Saxo has introduced a new Flexible ISA product in the UK after experiencing a 591% increase in demand for its stocks and shares ISA during January and February compared to the same ...
Saxo Bank UK
saxo bank
Saxo
ISA