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Tools for TradersTop Movers | Heat Map | Pivot Point | Pivot Meters | Action Bias | Volatility Charts Action InsightDollar Talked Down By Dovish Fed Officials, Canadian Dollar Awaits BoC for Guidance Dollar is trading as the weakest major currency for the week. Dovish comments from Fed officials are weighing on the greenback. Also stocks and yield played catch up after holding and suffered notable... Technical OutlookUSD/CAD Daily Outlook USD/CAD is losing some downside momentum as seen in 4 hour MACD. But still, with 1.2490 minor resistance intact, intraday bias stays on the downside. Current decline from 1.3793 (and 1.4689) is expec... Suggested ReadingsBrent Oil Crucial Breakout Underway Gold Surges Thanks To Weaker Dollar Safe-Haven Demand Could Take A Breather But Gold Targets Higher Highs AUD/USD Maintains Bullish Trend After RBA As US Dollar Continues To Struggle GBP/USD Rallies As Dollar Slumps Bank Of Canada Expected To Hold Steady Gold Posts Gains as North Korea Tensions Continue Swiss Economic Growth Remains Muted in Q2 Dollar Drifts Lower vs Majors amid War Risks; Aussie, Kiwi Posts Fresh Highs Trade With Our Partners
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