Canadian Dollar Outlook – USD/CAD Short-Term Consolidation After BoC Adjusts its Bond-Buying Program

The multi-week USD/CAD retracement may be put on hold in the short term as a variety of technical signals cloud the outlook.

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EUR Q3 Fundamental Forecast: ECB Review May Lead to Euro Weakness

As predicted at the end of March in the second quarter forecast, EUR/USD rallied strongly in Q2, rising from a low of 1.1704 on March 31 to a high of 1.2266 on May 25 before dropping back.

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Oil Price Rebound Unravels as OPEC+ Negotiations Still Continue

The price of oil gives back the rebound from the monthly low ($70.76) even as US inventories contract for nine straight weeks amid the ongoing deadlock within OPEC.

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