In the first section of our Forex training course we discuss and learn about the very basics that surround Forex trading. If you are new to trading than this section is especially useful because it eliminates any guess work about the Forex market and confirms the questions you may have when deciding if this industry is right for you. Click on the first video below and watch all the videos in this section to start learning about Forex.
Updates to Canada’s Consumer Price Index (CPI) may curb the recent advance in USD/CAD should the data print boost bets for an imminent Bank of Canada (BoC) rate-hike.
The British Pound is bouncing and the US Dollar is pulling back after an unexpected hawkish tilt at this morning's Bank of England rate decision. With odds for an August hike firming, might the pair be able to test back to the 1.3500 area?
Odds of a 25-bps tightening move in August have increased from 48% yesterday to 68% today, per overnight index swaps.