USDCAD treats its wounds with solid bounce Caution needed as familiar resistance nearby USDCAD gathered significant momentum on Thursday, flipping weekly losses into a 0.20% gain after a slightly stronger US CPI report. The pair kept its footing above its simple moving averages (SMAs), but the descending trendline from the 2020 top resumed its resistance […]
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New Zealand’s services sector slipped back into contraction in February. BusinessNZ Performance of Services Index fell from 50.7 to 48.0, well below the survey’s long-term average of 52.8. The sector’s return to expansion proved short-lived, Read more…
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The coming week represents a rare convergence of global monetary policy decisions, with seven major central banks meeting within days of each other. The Reserve Bank of Australia, Bank of Canada, Federal Reserve, Bank of Read more…