USD/CAD’s recovery from 1.3720 extended higher last week and the breach of 1.3809 suggests that pullback from 1.3878 has completed. Initial bias is mildly on the upside this week for 1.3878 first. Firm break there will resume the whole rebound from 1.3538 towards 1.4014 cluster resistance. On the downside, below 1.3720 will resume the fall […]
The post USD/CAD Weekly Outlook appeared first on Action Forex.
Eurozone producer price inflation accelerated sharply in March, with PPI rising 3.4% mom and 2.1% yoy, exceeding expectations of 3.3% mom and 1.8% yoy. The increase was driven overwhelmingly by energy costs, highlighting the growing Read more…
EUR/USD rose to 1.1717 on Wednesday, snapping a three-day losing streak. Pressure on the US dollar stems from growing expectations that the US will reach a negotiated settlement with Iran, reducing demand for the USD Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Two-in-one laptops and tablets are versatile Read more…