In focus today In the US, the Fed’s preferred measure for inflation, the PCE, is due for release for January. While the earlier CPI showed a notable uptick in inflation pressures at the beginning of the year, the components from CPI and PPI that feed into the PCE indicated a more modest rise in the […]
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There’s no way to ignore the fact that Tesla stock’s growth has stalled. The question is, can it regain its previous momentum? As the 2024 U.S. presidential election approached in November 2024, (TSLA) stock enjoyed Read more…
The Canadian dollar is calm in the European session, trading at 1.4438, up 0.02% on the day. Later today, Canada releases GDP and the US publishes the Core PCE Price Index. USD/CAD has rallied for Read more…
USD/CAD recoups drop below EMAs as March tariffs become reality. Technical indicators suggest quick rebound is fragile; focus on 1.4470. USD/CAD made a strong comeback just when traders were getting nervous about the bearish correction Read more…