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The Canadian Dollar (CAD) is trading mostly flat on Tuesday as investors stubbornly dig in their heels ahead of Wednesday’s key data prints from the US.

FxstreetJun 11, 2024

Canadian Dollar holds flat as markets buckle down ahead of Fed ‘dot plot’ update

United States 52-Week Bill Auction climbed from previous 4.895% to 4.915%

FxstreetJun 11, 2024

United States 52-Week Bill Auction climbed from previous 4.895% to 4.915%

The GBP/USD dropped during the North American session after employment data from the UK was weaker than expected, undermining the Pound Sterling.

FxstreetJun 11, 2024

GBP/USD Price Analysis: Consolidates around 1.2700 ahead of FOMC’s decision

FxstreetJun 11, 2024
Copper price faces pressure amid lower Chinese demand – TDS
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FxstreetJun 11, 2024
Gold shows strength despite Fed uncertainty – TDS
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FxstreetJun 11, 2024
USD/CAD Price Analysis: Rises to 1.3800 ahead of US CPI and Fed’s policy decision
FxstreetJun 11, 2024
Algorand Price Forecast: Heading to a 10% crash
FxstreetJun 11, 2024
Fed expected to keep rates unchanged – TDS
FxstreetJun 11, 2024
Federal Reserve likely to stay on hold in June – BBH
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Commodities

Copper price faces pressure amid lower Chinese demand – TDS

Industrial metals are melting lower amid concerns around Chinese demand, analysts at TD Securities noted.
Fxstreet
Jun 11, 2024
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Commodities

Gold shows strength despite Fed uncertainty – TDS

Gold (XAU/USD) prices show resilience amid China halting its purchasing program and the Federal Reserve uncertainty, analysts at TD Securities note.
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Fxstreet
Jun 11, 2024
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Forex

USD/CAD Price Analysis: Rises to 1.3800 ahead of US CPI and Fed’s policy decision

The USD/CAD pair jumps to near the round-level resistance of 1.3800 in Tuesday’s American session.
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Fxstreet
Jun 11, 2024
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Cryptocurrencies

Algorand Price Forecast: Heading to a 10% crash

Algorand (ALGO) price is about to break below the daily support level at $0.161 on Tuesday, extending its two-week decline after being rejected near $0.200 on May 27.
Fxstreet
Jun 11, 2024
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Economic Indicator

Fed expected to keep rates unchanged – TDS

The Federal Reserve's (Fed) Federal Open Market Committee (FOMC) is widely expected to keep rates unchanged on Wednesday, with Chairman Jerome Powell likely providing a similar policy message compared to May, analysts at TD Securities write in a note.
Fxstreet
Jun 11, 2024
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Economic Indicator

Federal Reserve likely to stay on hold in June – BBH

The two-day FOMC meeting begins on Tuesday and ends on Wednesday.
Fxstreet
Jun 11, 2024
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Forex

AUD/USD stabilizes near 0.6600 albeit uncertainty ahead of US CPI and Fed’s decision

The AUD/USD pair gains ground slightly below the round-level resistance of 0.6600 in Tuesday’s New York session.
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Fxstreet
Jun 11, 2024
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Cryptocurrencies

What to expect from Cardano’s Chang hard fork?

Cardano (ADA) could move into the final phase of its program to become a blockchain ecosystem governed by the community.
iconCardano
Fxstreet
Jun 11, 2024
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Economic Indicator

United States Redbook Index (YoY) down to 5.5% in June 7 from previous 5.8%

United States Redbook Index (YoY) down to 5.5% in June 7 from previous 5.8%
Fxstreet
Jun 11, 2024
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Commodities

WTI tumbles to near $77.00 amid uncertainty ahead of China/US CPI, Fed’s outcome

West Texas Intermediate (WTI), futures on NYMEX, declines to near $77.00 in Tuesday’s New York session.
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Fxstreet
Jun 11, 2024
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Economic Indicator

Canada Building Permits (MoM) came in at 20.5%, above expectations (5.2%) in April

Canada Building Permits (MoM) came in at 20.5%, above expectations (5.2%) in April
Fxstreet
Jun 11, 2024
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Forex

Brazil IPCA Inflation came in at 0.46%, above forecasts (0.42%) in May

Brazil IPCA Inflation came in at 0.46%, above forecasts (0.42%) in May
Fxstreet
Jun 11, 2024
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Economic Indicator

Mexico Industrial Output (YoY) registered at 5.1% above expectations (4.4%) in April

Mexico Industrial Output (YoY) registered at 5.1% above expectations (4.4%) in April
Fxstreet
Jun 11, 2024
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Commodities

Gold continues bearish tone on outlook for US interest rates

Gold (XAU/USD) trades a quarter of a percent lower on Tuesday after being rejected by key support-turned-resistance at $2,315 late Monday.
iconGold
Fxstreet
Jun 11, 2024
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Economic Indicator

ECB's Lane: We will be agile on interest rates

European Central Bank (ECB) Chief Economist Phillip Lane said on Tuesday that they will be agile on interest rates, per Reuters.
Fxstreet
Jun 11, 2024
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Indices

US Dollar steadies as markets turn cautious ahead of CPI, Fed decision

The US Dollar (USD) trades flat, just above 105.00 on Tuesday, and is unlikely to move away in the coming hours unless something pivotal occurs. Despite its gains from Monday, after French President Emmanuel
Fxstreet
Jun 11, 2024
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Economic Indicator

South Africa Manufacturing Production Index (YoY) climbed from previous -6.4% to 5.3% in April

South Africa Manufacturing Production Index (YoY) climbed from previous -6.4% to 5.3% in April
Fxstreet
Jun 11, 2024
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