USD/CAD at Risk of Breakdown as Oil Gains, Canadian Dollar Outlook Bullish for Now

USD/CAD extends losses on risk-on mood and rising oil prices, with the pair steadily approaching a key technical support near the 50-day simple moving average.

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S&P 500, Nasdaq Set to Open Higher Upon an Improved Outlook

Markets appear satisfied, for now, that banking concerns have eased, making room for improved risk appetite. S&P 500 and the Nasdaq 100 are expected to open higher

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USD/JPY Moves Higher as the Japanese Yen Sheds its Risk Premium

USD/JPY is back above 132.00 for the first time in a week as bank contagion fears recede. Comments from Bank of Japan (BoJ) deputy governor Shinichi Uchida however may boost the Yen’s longer-term attraction

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Oil Price Update: WTI and Brent Rally Faces Technical Headwinds

Oil prices remain supported for now as supply fears remain a concern. A return of USD strength and Technical hurdles could limit further upside. Interesting times for the Oil market.

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