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EURCAD: Could the 2-day rally be just a correction?

EURCAD lifted to a two-session high at 1.5007, which is about 18% up on the 8-week low seen yesterday. A sharp 3%-odd dive in...

Dollar down as risk appetite rises

Risk-on returns as the new trading week begins. A softer greenback lifted equities in Asia but European markets remain flat. The USA is closed...

Oil has reversed 38.2% of its Q4 losses

WTI crude got a boost from the strong US Jobs report, which was accompanied by several other upbeat reports. The jobs report has alleviated some of...

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...

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