After tumbling over 2% in August, the USDCAD has kicked off the new month on a bullish note. Prices jumped over 60 pips on Tuesday, testing key resistance at 1.3550 ahead of the Bank of Canada rate decision on Wednesday.

Financial markets may end August with a bang thanks to key data and high-impact events. Earnings from tech titan Nvidia and the Fed’s preferred inflation gauge have the potential to set the tone for the new trading month.

Check this out. The USDJPY could see big price swings on Friday! That’s right, remarks by Bank of Japan (BoJ) Governor Kazuo Ueda and Fed Chair Jerome Powell are likely to inject the currency pair for fresh volatility.

In case you missed it, gold surged over 2% last Friday to create a fresh all-time high above $2509! The precious metal could be injected with fresh volatility this week thanks to the Jackson Hole Economic Symposium.