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Greg Michalowski

USDCAD tests the 200 hour MA as oil rise helps to send the loonie higher (USDCAD lower)

That move to the downside has now returned back to the 200 hour moving average at 1.3677. The low price just reached that level and found support buyers. The current price is trading...

GBPUSD latest dip tries to break and stay below the 200 hour MA again

Last week, the GPBUSD closed at 1.1183.The high price this week stalled just ahead of the 1.1500 level before rotating back to the downside over the last few days. The current prices lower...

EURUSD bias remains to the downside

.So the price remains above the lower end of the swing area near 019733 but below the 50% midpoint at 0.97667. That tilt the bias still in favor of the sellers. For dollar...

The US stock market indices open lower after the better-than-expected US jobs data

The better US jobs data, keeps the Fed on track toward a 75 basis point hike in early November and another 50 basis points in December. That would bring the Fed target rate...

US dollar higher after better than expected US jobs report.

The US dollar has moved higher after the better than expected report does not pour any water on the expectations for a Fed let up any time soon. US stocks are tumblingYields are...

Fed’s Evans:Inflation is very high right now, and at the top of mind for Fed

Chicago Fed Pres. Charlie Evans Soon to retire Chicago Fed Pres. Charlie Evans is on the wires saying:inflation ...

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