The Canadian Dollar has been a raging bull as Oil prices have continued to bring bulls to the bid with all of USD/CAD, CAD/JPY and EUR/CAD visibly showing that theme.
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The Canadian Dollar has been a raging bull as Oil prices have continued to bring bulls to the bid with all of USD/CAD, CAD/JPY and EUR/CAD visibly showing that theme.
from DailyFX – Market News https://bit.ly/2Q9OYMr
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The British Pound has performed impressively in 2021, rallying to year or multi-year highs against other currencies. The rally now seems to be put on hold, with pairs consolidating around these highs.
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The recent rebound in the price of gold appears to be losing steam as the precious metal struggles to test the March high ($1760) ahead of the Fed interest rate decision.
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Fresh stimulus checks hit the US economy giving equities another boost
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Sterling opens the week flat to marginally better bid with traders focusing on the FOMC policy meeting on Wednesday and the BoE meeting on Thursday
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