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USD/CAD falls back again
Since the previous update on the Canadian currency, noting the USD/CAD may have undertaken a blow-off move to a 20 year high yesterday, the US dollar has fallen back across the board leading into the US stock market opening. The CAD is actually the best performing G7 currency versus the US unit and the USD/CAD took out the prior low, at 1.4387. The break below that point allowed the EUR/USD to now push past the technical resistance at 1.0350. The USD/CAD has fallen to a low so far at 1.4362. It is right now at 1.4368
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EUR/USD rebounds into the 4pm London fix after Bundestag passes fiscal reform bill
The EUR/USD is on the rebound again just now. The gains come after it had earlier fallen to 1.0893. Subsequent to that fall the German Bundestag... -
US stock markets open lower this afternoon- check out the S+P 500 futures
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
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Gold rises above technical resistance to set a new record high this afternoon
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
