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Market Analysis

Canadian Dollar falls as oil prices dip, US Dollar gains strength

USD/CAD rebounds after registering losses in the previous day, trading around 1.4230 during the Asian hours on Friday. The currency pair continues to gain ground as the US Dollar (USD) receives strong support. This mome…

4 min read

US may send third aircraft carrier and 10,000 troops to Middle East

US official said that the Pentagon may soon send a third aircraft-carrier strike group and 10,000 sailors and Marines to the Persian Gulf, the Wall Street Journal reported on Thursday. The move came as US President Dona…

3 min read

Gold defies US Dollar surge as US yield slide revives Bullion demand

Gold price drifted higher, posting modest gains of over 0.40% on Thursday as US Treasury yields dove after Wednesday's inflation data, triggering a trimming of hawkish Fed bets for the October meeting. The XAU/USD trade…

5 min read

Fed’s Jefferson says US economy is near maximum employment

Federal Reserve (Fed) Vice Chairman Philip Jefferson said Thursday that “inflation has resulted from a cascade of shocks” at the Darden School of Business at the University of Virginia in Charlottesville, Virginia.

3 min read