The path of least resistance is to the downside
USD / CAD is targeting a breakout of the ascending triangle on the 15-minute chart. The pair is moving below
Markets
WTI retreats from monthly highs near $ 41.50 before OPEC + meeting
WTI returns an initial move at $ 41.45, still near monthly highs. US oil is virtually unchanged on the day
AUD / USD clings to modest daily gains around 0.7100 level
The risk appetite sentiment benefits the AUD and helps the AUD / USD gain traction to the upside. Concerns about
US Dollar DXY Index Turns Negative Near 93.60 Before Powell
The DXY index loses ground and falls back to the 93.65 / 60 region on Monday. The pandemic and US
De Guindos says recent data shows a loss of momentum in the eurozone recovery
Recent data shows a loss of momentum in the economic recoverysaid the vice president of the European Central Bank (ECB),
USD / JPY consolidates in a range below the 105.50 level
A combination of divergent factors fails to provide a significant boost to USD / JPY. Moderate USD demand limits initial
Bulls target 1.3000 amid bullish technical setup
GBP / USD bulls are hopeful amid a technical breakout and a bullish RSI. A sustained move over 1.2960 is
Gold rises to daily highs near $ 1,911-12 region; the climb seems limited
A softer tone around the USD helps gold regain positive traction on Monday. Risk appetite sentiment and a rally in
Germany records 4,325 new infections, the lowest in six days
According to the latest coronavirus statistics released by Germany’s Robert Koch Institute (RKI), the European powerhouse reported 4,325 new infections
GDP grows less than expected in the third quarter but retail sales and industrial production improve forecasts in September
The Chinese annualized Gross Domestic Product for the third quarter of the year grew by 4.9%, below the 5.2% expected,
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