Keynotes: Trudeau wins Federal election Canadian dollar advance against a basket of G10 currencies Gold price eye the Wednesday FOMC Technical outlook The Canadian dollar appreciated. His Liberal Party is expected to have a third minority term. The The Canadian dollar rose against the U.S. dollar in Asian trading on Tuesday, partly because the…

The highlight for the week will be the Fed’s monetary policy decision. …

Markets are busy in the week ahead Key central banks are in focus including the most anticipated FOMC U.S markets will keep an eye on the tapering decision Technical outlook Week ahead preview The markets will be fairly quiet on a Monday as markets in the U.S prepare for tapering decisions ahead of…

The performance of the aviation stocks Airlines have not had a great run since the beginning of the pandemic Airline stocks outlook Conclusion Aviation stocks have been having a rough run amid the spread of the delta variant in key countries such as the U.K and the U.S.A. The aviation…

With 34 million, Saudi Arabia, more than seven million live in Riyadh’s capital. It is the 14th largest country globally. Approximately two million square kilometres of land area are covered by it. This makes it the second-largest (OPEC) Organization of petroleum exporting countries. Among all the other member countries. Saudi…

The base stake in the Gulf Coast of the US has changed WTI crude into water-carried crude. And, that is with huge export potential. The Gulf Coast holds almost 55% of the storage capacity of US crude oil, whereas Cushing holds 13%. The Houston exchange has become trading-focused. That is…

Markets are busy in the week ahead Markets will assess the core inflation data and unemployment reports The spread of delta variant will take the centre focus Technical analysis The markets will be fairly quiet on Monday to start the week as the economic calendar feature no key events to…

Keynotes; BoC set to announce its interest rate The Canadian dollar will be eyeing for direction Technical outlook What we can expect from Bank of Canada? The Bank of Canada is set to announce its rate decision on Wednesday and investors already expect the BoC to stay unchanged. However, economists still believe that the bank will hike the…

It is important to understand that there is a relationship that exist between currency pairs when trading the financial market which is known as Forex market Correlation. Definition of forex market correlation A Correlation is the measure of a relationship or connection between two different Currency pairs. It dictates how 2 currency pairs move in…