The pound has slumped against other major currencies amid fears over the no-Brexit deal. More details have recently come out over EU-UK tensions. Let’s get into them straight away.
Tag - cad - canadian dollar
GBP/CAD keeps falling to the downside amid fears over the no-Brexit deal. According to JPMorgan, the pair will continue dipping throughout the whole of September.
Asian equity markets were lower across the board amid strong headwinds from Wall Street where the tech rout intensified on return from the long weekend.
The poor Canadian data in combination with the positive US report should push USD/CAD to the upside. Jump in for technical analysis!
It's non-farm Friday. Today's U.S. jobs report could deliver the last positive print before losses strike again. Fresh analysis of USD/CAD, AUD/USD and GBP/JPY!
Markets gear up for Tesla and Apple whose stocks will split on Monday, but investors still keep their eye on COVID-19 developments. Here's a technical analysis of AUD/USD, USD/CAD and USD/JPY.
USD/CAD reached levels unseen since the beginning of the year. ING considers the pair may fall further, but Bank of America warned that it may hit its bottom and reverse in the long run.
The pair slumped to levels unseen since January. What’s next?
New COVID-19 cases globally have been on the rise lately, although it is too early to call them second waves in most countries.
With the pandemic claiming about 1000 lives a day in the United States, many departments said they lack the money and the staff to identify people who have been exposed, according to a survey of a 121 local agencies.
The focus is on the ongoing negotiations of the next stimulus bill in the United States, which do not seem to move forward.
Stocks futures rose on Monday, indicating a higher start to the first session of August.