The USD/CAD chart is currently showing clear signs of a bearish trend, characterised by a sequence of lower highs and lower lows (A→B→C→D→E→F→G). This week’s decline suggests the downward structure may continue to develop, putting the current yearly low around the 1.3770 level at risk. Why Is USD/CAD Falling? On one hand, the US dollar […]
The post USD/CAD Rate Drops Towards Yearly Lows appeared first on Action Forex.
Chicago Fed President Austan Goolsbee emphasized a cautious stance on monetary policy, citing the high level of uncertainty surrounding the economic outlook. Speaking on CNBC, Goolsbee said “everything’s always on the table,” but that the Read more…
There’s no accounting for taste, so the saying goes. Costco vs. Sam’s Club. Walmart vs. Target. Odds are you’re in one camp or the other. When it comes to choosing a grocery store, people have particularly Read more…
Markets It’s been relatively quiet around US President Trump the past fortnight. Too quiet now it seems… Two weeks ago, the POTUS was too busy collecting money in the Middle East. This week, he needed Read more…