USD/CAD Price Stalls Losses Ahead of Employment Data
The middle line could attract the USD/CAD pair. Canadian data should have a big impact today. Removing the middle line triggers a bigger drop. The USD/CAD price lost strength on…
The middle line could attract the USD/CAD pair. Canadian data should have a big impact today. Removing the middle line triggers a bigger drop. The USD/CAD price lost strength on…
RBA Governor Michelle Bullock said there is still a chance the RBA will raise interest rates. Markets now have a 38% chance of a February RBA hike. Expectations for March…
The yen weakened as markets cut expectations for an aggressive rate hike by the BoJ. The dollar held on to Thursday's gains. The probability of a Fed rate cut in…
Taking 1.0784 activates more gains. The lower middle line (LML) represents dynamic support. US jobless claims could trigger high measures. EUR/USD fell like a rock on Thursday, trading at 1.0762…
Several policymakers cited reasons for not rushing to cut interest rates. Oil prices rose on signs that tensions in the Middle East are likely to continue. Canada's economy posted a…
Fed policymakers said there was no urgency to start cutting interest rates. The probability of a March cut fell to 18.5%. Uchida was less hawkish when he said the BoJ…
The bottom pressure remains high as long as it is below the upper mean line. Removing a pivot point activates more drop. Figures from the US and Japan could have…
The dollar weakened after a two-day rally as investors took profits. The dollar's recent rally began when the US released upbeat employment data. Traders estimate a 21.5% probability that the…
Economic data revealed that Canada's January Ivey PMI rose to its highest point in 9 months. According to Macklem, Canada needs high interest rates longer to bring down inflation. Oil…
A new lower EUR/USD low could trigger further declines. False breakouts can signal a new leg higher. 07 psychological level stands as a potential target. EUR/USD fell after US payrolls,…