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Canadian Dollar spins in place as Fed rate call looms
The Canadian Dollar (CAD) struggled to find momentum on Tuesday, holding steady against an equally-sluggish US Dollar (USD) as investors brace for the last Federal Reserve (Fed)…
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Record high at $60.75, but RSI signals caution
Silver (XAG/USD) price extended its gains on Tuesday and refreshed its previous all-time high of $60.57 hit earlier, gaining more than 4% on the day and, so far, 110% year to date.…
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Dow Jones stumbles ahead of Fed rate call
The Dow Jones Industrial Average (DJIA) withered on Tuesday, shedding another 120 points in a second straight soft day. Rate-cut-hungry markets hunker down for the wait to this…
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FX Today: It’s the Fed; nothing else matters
The US Dollar (USD) managed to add to Monday’s optimism as market participants geared up for the last FOMC event of the year on Wednesday. Firm data from the weekly ADP report and…
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GBP/USD pulls back as US Dollar firms on jobs data ahead of Fed meeting
GBP/USD pulls back as US Dollar firms on jobs data ahead of Fed meetingGBP/USD drops below the key support level seen at the 200-day Simple Moving Average (SMA) of 1.3331 and…