Forecasts & Analysis |

USD/CAD is testing the resistance level at 1.2685.

The Canadian dollar weakened against its U.S. counterpart on Thursday as the firm greenback and falling energy prices weighed on the commodity currency ahead of the September 20 election.

The stock is trying to settle below the $105 level.

Silver tried to get to the test of the support level at $22.60.

The markets are being pressured by a stronger U.S. Dollar, which is making the dollar-denominated asset more expensive for foreign buyers.

Inflation softened further in August, and gold reacted positively. Look closely at what the Fed’s doing, as that’s where the clues for the future are.

Oil prices rose to their highest level in two months as U.S. inventories fell more than twice what was expected. Where will it lead us?

Today’s EIA report for the week-ending September 10 is expected to show a build of 76 Billion Cubic Feet (Bcf) according to a consensus of estimates.

A steady downtick since July has flipped weekly and monthly Stochastics into sell cycles, predicting continued weakness.

Today gold is 0.9% lower, as it is the lowest since mid-August. What about the other precious metals?