USD/CAD drops below 1.3350 as USD Index loses bullish momentum, Canada Inflation eyed USDCAD BOC Inflation Fed SEO
are rangebound, which has paused the Canadian Dollar. The USD Index has corrected to near 101.64 and is not showing any sign of recovery, at the time of writing.
S&P500 futures generated some gains in early Asia and are managing to hold themselves, portraying a recovery in the risk appetite theme. US equities were mildly bearish on Friday as chances for consecutive 25 basis points rate hikes from the Federal Reserve remained solid despite the release of the downside United States Retail Sales data. Also, Americanbonds
On Friday, monthly US Retail Sales contracted dramatically by 1.0% while the street anticipated a contraction of 0.4%. Squeezing retail demand was the outcome of higher rates from the Federal Reserve and tight credit conditions from US commercial banks. The households have postponed demand for costly goods to avoid the higher cost of financing.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
USD/CAD Price Analysis: All eyes on the US Dollar as price corrects in bear trendAs per the prior analysis, USD/CAD Price Analysis: Bears in control and eye lower to 1.3320, USD/CAD has remained in the hands of the bears although w
Leer más »
GBP/USD rises back above 1.2400 as USD Index corrects, UK Employment eyedThe GBP/USD pair has witnessed some buying interest after dropping below the round-level support of 1.2400 in the Asian session. The Cable is showing
Leer más »
Gold Price Forecast: XAU/USD hesitates below $2,010 despite USD retreat, hawkish Fed concerns lingerGold price (XAU/USD) seesaws around $2,005 as it struggles for clear directions amid sluggish trading early Monday morning in Europe. The bright metal
Leer más »
USD/CAD ignores BoC’s Macklem to aim for 1.3400 amid US Dollar rebound, Oil price retreatUSD/CAD begins the trading week on a defensive mode around 1.3365-70, after posting the first daily gains in five the previous day. In doing so, the L
Leer más »
USD/JPY traces on sluggish yields below 134.00 even as BoJ vs. Fed divergence regains attentionUSD/JPY traces on sluggish yields below 134.00 even as BoJ vs. Fed divergence regains attention – by anilpanchal7 USDJPY RiskAppetite YieldCurve BOJ Fed
Leer más »
EUR/USD: Upside momentum alleviated below 1.0940 – UOBEconomist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group suggest further gains in EUR/USD remain on the cards above 1.0940 in the near
Leer más »