USD CAD Weekly FX Forecasts

It’s setting up to be another interesting week for financial markets as the US dollar brushed off the worst jobs report since April 2020 last week. Market participants were shocked when 150,000 jobs were lost in the economy during December against an expected 50,000 increase in jobs.  Surprisingly, ...

What to expect from major currency pairs in the New year. There is no doubt that the vast majority of brokerage companies and private traders consider the EUR/USD pair as one of the main tools for their work. Different sources say that this pair holds from 22% to 32% of the Forex market. It is foll....

20170721 Weekly Report Monday 17 July 2017 – Friday 21 July 2017   ENERGY WTI oil was threading water during the first three days of the week and holding within 100-pips range. The oil price moved higher on Wednesday after previous day’s release of API report showed strong draw in gasoline inventori...

20170526 Weekly Report Monday 22 May 2017 – Friday 26 May 2017   ENERGY WTI Crude oil maintained positive tone at the beginning of the week, extending broader uptrend from May 5 low at $43.74, on wide expectations in the markets that OPEC will extend its production cut that aimed to support oil pric...

20170512 Weekly Report Monday 8 May 2017 – Friday 12 May 2017   ENERGY WTI Crude oil contract for June delivery was trading within narrow range on Friday, taking a breather after strong bullish acceleration on Wed/Thu, sparked by surprise fall in US oil inventories that inflated oil price. Tuesday’s...

Weekly Report Monday 24 Apr 2017 – Friday 28 Apr 2017 ENERGY WTI Oil posted the second weekly loss and stayed below psychological $50.00 level which was broken previous week. Crude oil was under pressure as investors doubted willingness of oil producers to extend its output cut deal for the next six...

Need to KnowThe FOMC statement and the Federal Funds Rate decision are the focal point of this week. The Federal Reserve will present a detailed record of the FOMC's most recent meeting with deep insights into the financial conditions. According to the forecast, the Federal Funds Rate should remain ...