Category forex

Canadian Dollar Gains Expected

CAD poised to gain versus USD The Canadian Dollar has lagged other G10 currencies despite a softer US Dollar tone. CAD fundamentals are stronger, with a fair value estimate for USD/CAD around 1.3930. Technicals suggest scope for further downside in the pair

Silver Advances Amid Hormuz Reopening Hopes

Silver (XAG/USD) trades with a mildly positive tone near $59.50 per troy ounce on Tuesday, up 2% for the day, but falling from recent highs and leaving the metal locked in a tight range. Fading geopolitical tension weighs on safe-haven demand, while a softer United States