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Author Archives: Insta Forex

Gold Futures Settle Notably Higher Again

Gold prices climbed higher on Wednesday, extending gains to a fifth successive session, despite riskier assets such as equities gaining ground. Although reports say the number of new coronavirus cases fell for a second straight day on Tuesday, concerns about ...

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Strong Inflation, Rising Shares Lift Canadian Dollar

The Canadian dollar firmed up against its major counterparts in the European session on Wednesday, as the nation’s consumer inflation showed a modest increase in January, while a fall in the rate of new coronavirus cases lifted investor sentiment. Data ...

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Eurozone Current Account Surplus Grows

Euro area current account surolus grew in December after dropping in the previous month and the surplus for the full year 2019 was largely unchanged from a year ago, preliminary figures from the European Central Bank showed on Wednesday. The ...

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Loonie Little Changed After Canada CPI

At 8:30 am ET Wednesday, Canada CPI for January has been published. After the data, the loonie changed little against its major rivals. The loonie was trading at 1.4280 against the euro, 0.8838 against the aussie, 1.3223 against the greenback ...

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Dollar Little Changed After U.S. PPI

U.S. housing starts, building permits and producer price index, all for January, have been published at 8:30 am ET Wednesday. After the data, the greenback changed little against its major rivals. The greenback was trading at 1.0798 against the euro, ...

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