US dollar trades low against the Canadian dollar during the Friday Asian session. The weakness of the quote USD/CAD can be related to the mildly bid oil prices. However, Favorable US job data, thin liquidity conditions and an absence of major data/might restrict the pair's move. Canada’s main export item, WTI crude oil prices add [...]
The dollar edged lower against the Euro in thin trading Thursday Asian session as investors looked beyond a surge in Omicron cases and favored riskier currencies. Economic data released on Wednesday in the US showed Pending Home Sales dropped -2.2% in November, less than the previous readout of 7.5%. A different report showed the advance [...]
The US dollar traded high against the Japanese Yen on Tuesday and is struggling at the key 115.00 psychological level during the Asian Session Wednesday. The dollar had inched up on Wednesday due to a recent rally in shares showing signs of petering out, However holiday-thinned trading meant markets were showing little real direction. Many [...]
For most of the people, full time job is a non-negotiable part of life. To sustain an existence whether meager or lavish, often needs the dedication of most of our waking hours. There are Expenses such as rent, a mortgage, utilities, food and transportation which are obligations that must be satisfied. While there are exceptions, [...]