Daily Pivots: (S1) 1.3543; (P) 1.3619; (R1) 1.3658; More… USD/CAD’s fall from 1.3965 resumed after brief recovery and intraday bias is back on the downside. Next target is a retest on 1.3480 low. For now, risk will remain on the downside as long as 1.3709 resistance holds, in case of recovery. In the bigger picture, […]
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UK PMI Manufacturing was finalized at 53.7 in April, up strongly and marking the highest level since May 2022. The rebound reflects a recovery from March’s weakness, with output, new orders, and employment all improving, Read more…