Canadian Dollar edges higher on risk tensions, strong US jobs data

Canadian Dollar edges higher on risk tensions, strong US jobs data

USD/CAD edges lower toward 1.3830 on Tuesday at the time of writing, as the US Dollar (USD) pauses after its recent advance. The pair gives back part of its latest gains despite a geopolitical backdrop that continues to favor safe-haven demand. Market sentiment remains driven by developments in the Middle East. Concerns resurfaced after reports […]

Gold trades within familiar range as traders weigh US-Iran developments and Fed outlook

Gold trades within familiar range as traders weigh US-Iran developments and Fed outlook

Gold (XAU/USD) remains trapped within a two-week range on Tuesday as traders track rapidly changing headlines from the Middle East. At the time of writing, XAU/USD trades around $4,493 after touching an intraday high of $4,541. Iran’s Fars News Agency, citing an informed source, reported that the exchange of messages between Iran and the United […]

Consolidation before breakout against Euro – Societe Generale

Consolidation before breakout against Euro – Societe Generale

Societe Generale analysts observe that EUR/PLN is trading near an ascending trendline from February 2025 and oscillating around its 200-day moving average. The pair is currently confined within a 4.2100–4.2650 consolidation band. A break outside this range is seen as essential to confirm a clearer directional trend in the coming weeks. Range trade between 4.2100 […]

Inflation pressures complicate ECB path – Rabobank

Inflation pressures complicate ECB path – Rabobank

Rabobank’s Senior Market Strategist Stefan Koopman argues that higher energy and raw material costs, along with supply chain delays, are set to lift Euro area goods inflation in coming months. Koopman says the European Central Bank (ECB) will raise rates next week to signal vigilance but must be cautious as demand weakens, while Eurostat’s flash […]