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Copper surges above $11,000 per ton amid supply concerns – Commerzbank
The Copper price has risen above the $11,000 per ton mark again this week. The increase was fueled by various statements made during a Copper industry conference in Shanghai,…
USD/CAD extends losing streak as Canada’s Q3 GDP rebound boosts the Loonie
The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Friday as traders respond to Canada’s Q3 Gross Domestic Product (GDP) rebound. At the time of writing, USD/CAD…
Happy Thanksgiving review
S&P 500 continued rising also through the Wednesday‘s regular session, much to clients‘ satisfaction – so lasting are the consequences of refusal to decline on poor retail…
EUR/CAD drops as Canadian GDP outshines, Euro faces mixed signals
EUR/CAD trades around 1.6180 on Friday at the time of writing, down 0.50%, as macroeconomic developments strengthen the Canadian Dollar (CAD) while leaving the Euro (EUR) lacking…
GBP/USD edges lower to 1.3220 as market leans bearish post-budget
GBP/USD dips during the North American session on Friday, despite heading into the end of the week with gains of almost 1%, after the financial markets digest the Autumn Budget.…
GBP/USD edges lower to 1.3220
GBP/USD edges lower to 1.3220 as market leans bearish post-budgetGBP/USD dips during the North American session on Friday, despite heading into the end of the week with gains of…
Canada’s Q3 bounce masks weak domestic demand – NBC
After a quarter severely impacted by trade tensions, the Canadian economy returned to growth in Q3 with an annualized increase of 2.6%, surprising economists by a wide margin.…
Gold on track for a fourth monthly gain amid growing Fed rate cut expectations
Gold (XAU/USD) edges higher on Friday after a bout of volatility sparked by the CME trading outage briefly dragged prices lower. At the time of writing, XAU/USD is trading around…
Euro stays firm above 1.1600 as dovish December bets rise to 87%
EUR/USD steadies during Friday’s North American session set to finish the week and November’s in positive territory with gains o 0.81% and 0.59%, respectively as traders seem…