For the past few month the USDCAD has been on a bull run as a result of the US economy recovery and the increase in bond yields, but looking at the big time macro fundamentals market has been giving a huge discount for a massive sell which as a result of the long term outlook for the OIL and the current state of the US dept market....we see OIL hitting a $90 to...
Looking at both the technicals and the fundamental point of view, there is a strong confluence that the cable is going to buy to the yen.....Already considering the market sentiment the market has already started pricing in the buy....i see the market breaking the triangle formation and it will be heading straight for the 156 target before making a big move to the...
The USD has been on a strong buy since the increase in the US bond yield and the US economy artificial recovery, the US gov have been printing a lot of Dollar and pumping it into the US economy, this excess printing has a negative effect as it will accelerate the devaluation of the dollar and also pumping so much money into the economy rings a bell for inflation...