The Canadian Dollar may give up gained ground in the near term, as coronavirus cases continue to remain elevated despite a marked pickup in vaccination rates.

The haven-associated US Dollar may continue to gain ground against its major counterparts on the back of seasonal dynamics and robust economic data.

Federal Reserve tapering bets, on the back of better-than-expected GDP figures, may pave the way for the US Dollar to regain lost ground in the coming days.

The Euro has rode the tailwind of easing coronavirus restrictions higher against the US Dollar and Japanese Yen in recent days. However, underwhelming consumer confidence figures could trigger a ne…

Stagnating crude oil prices and a flurry of coronavirus restrictions in several Canadian provinces may weigh on the Canadian Dollar against its major counterparts.

Better-than-expected economic data, falling coronavirus case numbers, and reopening optimism may continue to drive the British Pound higher against its major counterparts in the near term.

The Federal Reserve’s dovish stance may counterbalance a series of robust economic data prints and limit the US Dollar’s upside against its major counterparts.

A relatively uneventful ECB meeting, in combination with easing coronavirus restrictions in several European nations, could open the door for EUR/USD to extend recent gains.

A wait-and-see approach from the Bank of Canada at its upcoming meeting, in light of an ever-worsening local coronavirus situation, could open the door for USD/CAD to extend recent gains.

The Dow Jones, Nasdaq, and S&P 500 could continue to trudge higher in the coming days on the back of robust Q1 corporate earnings figures.