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USD/CAD Traders Looking for Oil Price for Direction

USD/CAD Traders Looking for Oil Price for Direction USD/CAD steadies in Asia as traders remain jittery over the possibility of increased tensions around the prospect of Russia invading Ukraine. The price of oil, which CAD trades as a proxy, has

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GBP/USD steady in Asia ahead of key US CPI data

GBP/USD steady in Asia ahead of key US CPI data GBP/USD is steady on the day and patiently waits between 1.3526 and 1.3538 ahead of today’s key event in the US Consumer Price Index. The British Pound initially benefited from

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XAU/USD bulls advance but may run on empty product

XAU/USD bulls advance but may run on empty product Gold (XAU/USD) took advantage of the greenback’s bid as Asian stocks rallied on Wednesday on the back of a strong equity performance on Wall Street. US Treasury yields are holding highs

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Canadian dollar weakens as oil recovery loses momentum

Canadian dollar weakens as oil recovery loses momentum The Canadian dollar weakened against the US dollar on Tuesday, returning some of yesterday’s strong gains, driven by falling oil prices and country data showing an unexpected trade deficit 78.70 US cents,

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