USD/CAD – A Quiet Start to the Week But Plenty to Come

Market picture The crypto market remains stable while waiting for further signals. The crypto cap is up 0.4% in 24 hours to $1.64 trillion. Bitcoin is trading at $42.7K – virtually unchanged in 24 hours, just 1.4% lower than a week ago and a 1.8% decrease over 30 days. Don’t think that the first cryptocurrency […]

Markets PMI business confidence was on tap at the close of the week. The European June edition comes with an important disclaimer though. PMI owner S&P Global noted that the turmoil in the wake of the European elections and the French snap elections has likely stirred up a lot of uncertainty and that France’s poor […]

Gold loses momentum after reaching a two-week high Short-term risk remains skewed to the upside above 2,325 The week began with gold losing ground and giving up the gains it made on Friday when it reached a two-week high of 2,378. Technically, the bounce back above the resistance line from March and the 20-day simple […]