The Canadian Dollar ditches Crude Oil for Gold

Fxstreet 2 months ago

The textbook calls the Canadian Dollar a petro-currency, which means that with a Middle East war keeping Crude Oil bid, the Loonie should be holding its own.

The Euro sinks on its own rate hike

Fxstreet 2 months ago

The Euro did something this week that ought to be impossible: it fell in the same fortnight the European Central Bank (ECB) delivered its first interest rate hike...

The US Dollar remembers how to rally

Fxstreet 2 months ago

The US Dollar Index (DXY) spent the back half of this week doing something most desks had written off six months ago: rallying on the prospect of a Federal Reserve...