Daily Pivots: (S1) 1.4205; (P) 1.4236; (R1) 1.4291; More… Intraday bias in USD/CAD remains neutral the moment. Further decline is expected with 1.4378 resistance intact. Fall from 1.4791 is seen as a correction to rally from 1.3418. Break of 1.4150 will target 1.3946 cluster support (61.8% retracement of 1.3418 to 1.4791 at 1.3942). However, firm […]
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Markets US stock markets traded heavy for a second session straight. They eventually closed at the session lows after hitting an air pocket in the final ten minutes of trading. The S&P 500 and Nasdaq Read more…
The European stocks started the week near flat, while German companies gave back early gains, boosted by the idea – hope – that the new German government will relax spending rules and announce a special Read more…
In focus today From the US, Conference Board’s February consumer confidence survey is due for release. The Fed’s Logan and Barkin will also be on the wires today. Today, we receive the ECB’s negotiated wages Read more…