Daily Pivots: (S1) 1.2624; (P) 1.2656; (R1) 1.2682; More… Intraday bias in USD/CAD remains on the downside. Decline from 1.3075 is in progress for 1.2401 support. . Firm break there will argue that whole rebound from 1.2005 has completed. Deeper fall would then be seen to retest this low. On the upside, above 1.2763 minor […]
The post USD/CAD Mid-Day Outlook appeared first on Action Forex.
When 2025 began, many investors were optimistic that the domestic economy would deliver results that would continue to push markets higher. It hasn’t happened yet. There’s been a lot of political turmoil with the arrival Read more…
Spanish ECB Governing Council member Jose Luis Escriva stressed caution in an interview published Sunday, highlighting uncertainty in the economic outlook. He stated that it is “very difficult to gauge the impact of events that Read more…
New Zealand’s Q4 retail sales volume rose 0.9% qoq to NZD 25B, surpassing expectations of 0.6% qoq. Excluding autos, sales jumped 1.4% qoq, well above the 0.3% qoq forecast. Sales volume growth was broad-based, with Read more…