Our summary of recent economic events and what to expect in the weeks ahead. Canadian Highlights The U.S. delayed planned 50% tariffs on select Canadian goods by three days, providing brief breathing room as trade talks between the two countries continue. Canada’s economy grew a much stronger-than-expected 3.3% annualized in Q2, with broad-based strength across […]
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AUD/USD’s rally from 0.6864 continued last week and accelerated higher. Initial bias remains on the upside this week. Firm break of 161.8% projection of 0.6864 to 0.7026 from 0.6921 at 0.7183 will bring retest of Read more…
USD/CAD’s decline from 1.4247 accelerated lower last week and there is no sign of bottoming yet. Initial bias stays on the downside this week for retesting 1.3480 low. On the upside, above 1.3811 minor resistance Read more…
GBP/JPY’s rally continued last week and the development is inline with the case that corrective fall from 219.56 has already completed. Initial bias stays on the upside this week for retesting 219.56 high. On the Read more…