USD/CAD Rally Gathers Steam Following Wedge Breakout

The greenback looks set to post further gains against the loonie as fundamentals and technicals form perfect cocktail. Can a rebound in WTI prices limit the upside potential?

from DailyFX – Market News https://bit.ly/3RDwT4Q
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US Stocks Battered in the Aftermath of NFP’s – S&P 500, Nasdaq Sink

S&P 500 has fallen back to support at the prior resistance level of 4110. With US strength driving stocks lower, Nasdaq is testing another key zone of support at 12500.

from DailyFX – Market News https://bit.ly/3YoGEGq
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British Pound Outlook: GBP/USD Yields to US Dollar Strength, Where to Next?

The US dollar remains better bid after last Friday’s super-sized NFP reading and robust ISM report. Sterling seems unable to halt the greenback’s run.

from DailyFX – Market News https://bit.ly/3JJz4Sv
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USD/JPY Hits Fresh 3-Week High on Speculation of New BoJ Governor

USD/JPY flirts with the 132.00 level as the dollar index eyes a potential retracement. Comments from both the Fed and BoJ likely to drive any moves this week.

from DailyFX – Market News https://bit.ly/3Yp8T7L
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