The BoC hiked by 50 basis points bringing the overnight rate to 4.25% and will consider if rates need to rise further, suggesting we may have seen the last hike

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The German Dax is trading lower after bulls failed to rise above major Fibonacci resistance. As prices test technical support, a move lower could drive bearish momentum.

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All traders should know of the 3 major forex trading sessions which comprise the 24-hour market.

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WTI continued its decline in European trade printing a new YTD low. Continued dollar strength and EIA data could result in further losses.

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The US dollar is pushing higher ahead of next week’s FOMC meeting, leaving a range of major currencies, including Sterling, struggling in its wake.

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