CAD/GYD Exchange rate
Editors’ Picks
EUR/USD consolidates losses above 1.0800
EUR/USD bottomed on Monday at 1.0803, the lowest level in almost three weeks. The pair is consolidating recent losses, hovering around 1.0820 amid a stronger US Dollar supported by higher US yields. Market participants await key US labor market data.
AUD/USD extends slide to 0.6600 ahead of the RBA Premium
The sharp reversal of the AUD/USD pair continued during the American session and it dropped toward 0.6600. The pair remains under pressure ahead of the Reserve Bank of Australia meeting.
Gold to remain volatile, with risks of extending pullbacks Premium
Gold price staged a deep correction from the record top it set near $2,150 and declined below $2,050. Recovering US Treasury bond yields and risk aversion help the USD find demand and make it difficult for XAU/USD to shake off the selling pressure.
Ethereum Price Prediction: ETH attempts to flip $2,300 into support
Ethereum (ETH) price has been consolidating within an ascending parallel channel since the broader market turned bullish around October 18, pushing north with key drivers including speculation of spot Ether exchange-traded funds (ETFs) launching in the market.
S&P 500 Forecast: Index falls on Monday as Treasury yields rise after five weeks of gains
The S&P 500 index opened lower on Monday following five straight weeks of gains. The index sits just shy of the yearly high at 4,607, and while gains have become lighter in the last two weeks, it still seems possible that the S&P 500 will mark a new annual high before the year is out.