USDCAD repeatedly tests the 200-day SMA Momentum oscillators are mixed USDCAD has been battling with the 1.3600 round number and the 200-day simple moving average (SMA) over the last couple of days. A successful break beneath these critical levels could open the way for a downside retracement in the medium-term. The technical oscillators are showing some […]
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Markets US Treasuries followed last week’s recipe. Testing the recent low (area; depending on the maturity), but eventually rebounding higher. This time without strong trigger though like Thursday’s Powell speech or Friday’s retail sales. The Read more…
The week kicked off on a bullish note, as the recovery in US treasuries, and the retreat in US yields help boost appetite in major US indices. The S&P500 rebounded 0.39%, while Nasdaq added 0.71%, Read more…
In focus today Today, in euro area we receive final October HICP inflation data. This will show drivers of inflation and allow us to calculate the “LIMI” indicator of domestic inflation, which has received great Read more…