Canadian Dollar
The currency of Canada. One of the major currencies traded. Currency code (CAD)
Author Archives: Winstone Market
Cable
Slang for the GBPUSD currency pair. Due to the rate originally being transmitted by a transatlantic cable, the name stuck.
EU Summit update favors Euro.
European Union (EU) hardliners are reportedly ready to accept EUR 390 billion in grants on corona virus recovery fund. This comes after the earlier Reuters report that the Frugal Four are ready to accept EUR 390 billion in grants and EUR 360 billion in loans. Austrian Chancellor Sebastian Kurz tweeted out on Monday, the European [...]
XAU/USD Weekly Forecast (20th July 2020 – 24th July 2020)
Fundamental view: In the past week, Federal Budget deficit printed new record amount and Fed officials were increasingly doubtful about the sustainability of the economic recovery which decreased the dollar value whereas Gold moved upwards due to future inflation thus XAU/USD showed a bullish trend in the past week. Central banks around the world continue [...]