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Stocks kept rising because retail sales and jobless claims data were better than expected. This is the second week in a row that stocks have jumped after a good jobless claims report. I’m not sure if...
Stocks were mostly flat to slightly up yesterday, with the S&P 500 getting a boost in the last 10 minutes due to a big closing imbalance. Other than that, it was a pretty quiet day. The CPI...
USD/CAD experiences worst week of the year Selling pressure might persist; eyes on 1.3730 Canadian employment figures due at 12:30 GMT Since reaching a 22-month high of 1.3945, USD/CAD has been...
USD/CAD found support ahead of the Canadian employment data release. Positive US jobless claims data boosted sentiment and USD. Bank of Canada hopes for moderation in the unemployment rate following...
The USD/CAD pair is declining due to the anticipation of aggressive rate cuts by the US Federal Reserve, which could narrow the interest rate differential between the US and Canada Canada’s...
USD/CAD marks new higher high after disappointing ISM manufacturing PMI A close above 1.3880-1.3900 is needed to postpone profit-taking US nonfarm payrolls eagerly awaited at 12:30 GMT USD/CAD...
August has historically been the weakest month for GBP/USD and AUD/USD. EUR/USD seasonality hints at downside potential, but the broader post-2023 range remains intact. USD/CAD has tended to see...
The USD/CAD pair ended its continuous upward trend on Friday, 26 June 2024, settling around 1.3813, signalling a potential shift towards correction. The Bank of Canada decided to lower the interest...
Dollar/yen rebounds after US GDP data Core PCE the next test for Fed rate cut bets Yen rally losing steam ahead of BoJ next week Wall Street extends slide, more earnings awaited GDP Data Adds Fuel...
USD/CAD exits from the consolidation area Momentum oscillators indicate bearish correction USD/CAD rallied towards the 1.3845 high and completed the seventh consecutive green day on Thursday...
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