USD/CAD aims to build cushion around 1.3300 as oil price plunges, Fed policy hogs limelight – by Sagar_Dua24 USDCAD Oil Fed DollarIndex Employment
AUD/USD was the best performer for the G7 last week and Aussie bulls could be trapped up high for the week ahead which holds a number of key data events. The following illustrates a bearish bias for the initial balance of the week, Monday with 0.7050 eyed.The EUR/USD pair is struggling to extend its recovery move above the immediate resistance of 1.0870 in the early Tokyo session. The major currency pair delivered a rebound move from the previous week’s low around 1.
Gold price holds lower ground near $1,925 after posting an indecisive weekly closing as the metal traders await the key United States data and the Federal Reserve’s monetary policy decision. Also important will be central bank meetings of the European Central Bank , Purchasing Managers’ Indexes data and the US employment numbers for January.Hedera price has been shooting for the starts but looks to be dropping like a stone now.
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