Canadian Dollar Price Forecast: USD/CAD Divergence from USD/DXY Trends

The US Dollar has gained as much as 22% since last May – but USD/CAD has only gained as much as 10% – and remains in a longer-term bear flag formation.

from DailyFX – Market News https://bit.ly/3pHzy0v
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DAX and FTSE Benefit from Chinese Stimulus and Upbeat Data Releases

The indices benefitted from improving market sentiment on the back of Chinese stimulus. Downside pressure remains in play with the Jackson Hole Symposium lying in wait.

from DailyFX – Market News https://bit.ly/3Tg5SFe
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GBP/USD Price Forecast: Sterling Stunned by Worrying Inflation Forecast

Cable appears vulnerable ahead of Jackson Hole after failing to take advantage of a softer USD. Shocking inflation forecasts and an energy crisis, disappoints

from DailyFX – Market News https://bit.ly/3wr9Cdm
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