The Loonie struggled today after a period of consolidation as a rampant US Dollar and rising US Yields saw USDCAD make a run for recent highs. The start of the next leg higher?
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The Loonie struggled today after a period of consolidation as a rampant US Dollar and rising US Yields saw USDCAD make a run for recent highs. The start of the next leg higher?
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The Precious Metal does seem to be partly supported but is likely to remain subdued as the US Dollar is expected to remain supported in Q4. Can Gold continue its slide toward the YTD low around the $1800 mark?
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The rand sold off towards the R19/$ resistance zone after raised US Treasury yields favored the USD.
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GBP prices dropped to multi-month lows this Tuesday as US bond market moves supported USD upside.
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The Euro has fallen for 10 straight weeks as the Prospect of Higher, Longer US borrowing costs puts the Dollar way out in front
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