Derek Halpenny at MUFG highlights that the Canadian Dollar (CAD) has held up well versus the US Dollar since the Middle East conflict began, with markets expecting the Bank of Canada (BoC) to keep rates unchanged but adopt a more hawkish tone. He sees higher, more persistent inflation risks and a short-term bias favouring the US Dollar (USD), though…
2026.04.29 2026.04.29 Gold May Follow 2022 Playbook. Forecast as of 29.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Gold has failed to gain momentum to resume its upward trend and may repeat the performance seen four years ago. Moreover, the precious metal lacks support from central banks. Let’s discuss this topic and make a trading plan for the XAU/USD. The article covers the following…
CAD/CHF is poppin’ up bearish candlesticks ahead of the BOC policy decision. Will this lead to more losses for the pair?
The FOMC is widely expected to keep the federal funds rate at 3.50-3.75% with no change to the statement. The base case is that this is going to be a non-event given the uncertainty around the Middle East situation and Powell’s final press conference. The US data since the last FOMC meeting in March has been remarkably strong suggesting…
TD Securities strategists Andrew Kelvin, Robert Both and Emma Lawrence note that Canada’s Spring Economic Update leaves the FY26-27 deficit projection near Budget 2025 levels as stronger revenues fund CAD 37.5bn of new measures. The Debt Management Strategy keeps GoC bond issuance at CAD 298bn, while T-bill stock is trimmed. They maintain expectations for the Bank of Canada (BoC)…
2026.04.29 2026.04.29 Short-Term Analysis for Oil, Gold, and EURUSD for 29.04.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold has turned bearish in the short…
The Aussie took hits after softer core inflation cooled RBA hike expectations, even as broader tightening bets stayed mostly intact.
There are just a few expiries to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1695-00 levels. Once again, the expiries here may limit price movements closer to the figure level in the session ahead. However, just be wary that the main driver of trading sentiment remains US-Iran headlines at…
Gold prices rose in India on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 14,070.58 Indian Rupees (INR) per gram, up compared with the INR 14,053.92 it cost on Tuesday. The price for Gold increased to INR 164,117.00 per tola from INR 163,922.10 per tola a day earlier. Unit measure Gold Price in INR…
USD/JPY is keeping its head below the 160.00 barrier now that the BOJ announced a “hawkish hold” decision. Can the upcoming FOMC decision still spur a big move?
