Sage Investment Club

Correction weaker before a trend stronger – MUFG

GBP gained further in January, mainly versus USD. Economists at MUFG Bank believe that the Pound could struggle in the near term before a sustained appreciation trend emerges. Global risk a key support for GBP “The sharp decline in natural gas prices and the continued reopening of China have helped lift global growth expectations and […]

USD/CAD Bearish Engulf Resisted by Stronger USD

USD/CAD ANLAYSIS Uncertainty around China and U.S. policy lingers. U.S. labor and Canadian balance of trade dominates headlines today. Will the bearish engulf unfold to further CAD strength? Recommended by Warren Venketas Get Your Free Top Trading Opportunities Forecast USD/CAD FUNDAMENTAL BACKDROP The Canadian dollar reacted favorably to Chinese economic optimism giving the commodity currency […]