USD/CAD Trades Close To Weekly Low Around 1.4030 As Fed Rate Cut Bets Remain Firm
The USD/CAD pair holds onto Wednesday’s losses around 1.4030 during the Asian trading session on Thursday.
Dynex: Will This 15% Yield Get Cut Again?
mREITs, tend to have high yields, often double digits. While double-digit yields excite some investors, when I see one, my guard immediately goes up. Let’s find out whether 15% yielder Dynex Capital is in danger of cutting its dividend.
Threatening Resistance
Following last Thursday’s tumble, there have been four powerful up days in a row. As such, prices are approaching the underbellies of their broken trendlines, but they have NOT pierced them, so we still remain bearishly configured...
The Commodities Feed: Speculators Go Short European Natural Gas
Hopes for a Russia-Ukraine peace deal and a broader risk-on move in markets are keeping crude oil prices fairly rangebound. Meanwhile, speculators are increasingly bearish towards the European gas market.
USD/JPY Slides To 156.00; Remains Close To One-Week Low Amid Contrasting BoJ-Fed Outlooks
The USD/JPY pair struggles to capitalize on the previous day's bounce from the 155.65 area, or a one-week low, and meets with a fresh supply during the Asian session on Thursday.
GBP/USD Finds Further Gains Ahead Of Thanksgiving Slowdown
GBP/USD accelerated into a fifth straight winning session on Wednesday, gaining another 0.55% on the day and pushing through the 1.3200 handle.