USDCAD pauses bearish correction near support area Technical signals are weak amid holiday-thinned liquidity conditions All eyes turn to the US core PCE inflation due at 12:30 GMT USDCAD was trading with soft positive momentum around 1.3547 during Friday’s early European trading hours as investors headed into the Easter holiday. Technically, the pair found support […]
The post USDCAD Pauses Four-Day Slide appeared first on Action Forex.
Eurozone Economic Sentiment Indicator fell from 96.2 to 95.6 in April, below expectation of 96.9. Employment Expectations Indicator fell from 102.5 to 101.8. Economic Uncertainty Indicator fell from 19.3 to 18.8. Eurozone industry confidence fell Read more…
ECB Governing Council member Pierre Wunsch expressed today that he is “very comfortable” with rate cut in June. He also anticipates that at least two rates cuts this year, “barring any bad news”. However, Wunsch Read more…
Despite the fact that today is a holiday in Japan, the foreign exchange market is experiencing extreme volatility — wide candles are forming on the USD/JPY chart, and the rate briefly exceeded the psychological level Read more…