Daily Pivots: (S1) 1.3607; (P) 1.3682; (R1) 1.3759; More… Intraday bias in USD/CAD stays neutral for consolidation below 1.3831 temporary top Downside of retreat should be contained well above 1.3222 support turned resistance to bring another rally. Break of 1.3831 will resume recent up trend to 161.8% projection of 1.2005 to 1.2947 from 1.2401 at […]
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Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market uncertainty. Upcoming PCE Read more…
Canadian Highlights Canadian inflation made headlines this week, with both overall and core inflation pushing higher in October. The Canadian consumer was also in the spotlight as retail sales surged and the Federal government announced Read more…