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USD Slips on Powell Comments and Extended Shutdown

Governor Powell's "patience" comments and President Trumps emergency powers threat pressures USD Click here to access the HotForex Economic calendar Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as...

Loonie and Oil up for 6th straight session

USDCAD and USOIL Oil broke the key $50 level and is currently challenging the R1 from Pivot Point analysis at 50.37. Hopes for a solution...

BoC Assessment – January 9

A gradual pace of normalization is supported by the December announcement, which revealed a less optimistic view on growth amid likely material weakness in...

USOil confirms 50% reversal on 32-month gains

USOIL USOil closed on Friday at 13-month lows of $50.40. Despite talk of OPEC cutting production when it meets in Vienna early next month, prices...

Kiwi holds onto gains for the 3rd week

NZDCAD,H4 and Daily The CAD has remained under pressure as WTI crude prices remain near 9-month lows, bottoming earlier at $58.26. NZDCAD's rise to 0.89...

Commodity and FX Correlation Pairs

Last time I talked about correlations, we examined the basic currency pairs which had either a strong positive or a strong negative correlation. Today,...

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