Category: Forex

Now that the Bank of Canada (BOC) has opened the door for further easing if necessary, can the upcoming Canadian CPI release seal the deal for another rate cut soon? Or…

After months of guessing, the Fed may finally cut interest rates for the first time in years this week. But that’s not the only thing shaking up the markets! Traders…

This week our currency strategists focused on the U.K. jobs update and the U.S. CPI update for potential high-quality setups. Out of the four scenario/price outlook discussions this week, two discussions arguably…

Are my eyes deceiving me or is this a reversal pattern forming on silver’s 4-hour time frame? I’m seeing what appears to be a complex double bottom or what could be an…

The major currencies saw increased volatility & unusual price action as traders repriced their interest rate biases, and reacted to data releases and risk sentiment shifts.

It’s been a wild week across the major asset classes, driven by shifting risk sentiment and changing expectations around Fed rate cuts. Wide swings in oil prices was probably the most…

The term “recency bias” gets thrown around a lot in the trading scene, but what exactly is it? In the most basic sense, recency bias refers to the tendency of traders to…

It was a risk-on day for financial markets, as crude oil closed out with nearly a 3% win while gold hit fresh record highs. U.S. stock traders also had a blast, as…