USD/CAD PRICE, CHARTS AND ANALYSIS: USDCAD is Intriguing at Present as the Loonie and USD Cancel Each Other Out Facilitating a Period of Consolidation Canadian Retail Sales Stagnate Despite an Upward Revision to Last Months Print. The Drop in Canadian Inflation Data and Stagnating Retail Sales Point to a Hold from the BoC Next Week.
© Reuters The experienced a 0.33% decrease on Thursday, October 19, 2023, following Federal Reserve Chair Powell’s indication of maintaining interest rates steady at the forthcoming Federal Open Market Committee (FOMC) meeting and his cautious stance towards additional policy firming. This decline was mitigated by the 10-year Treasury note yield reaching a 16-year peak and
In the ever-evolving landscape of forex trading, staying ahead of the curve is essential for success. Traders need tools that can help them make informed decisions in real-time. One such tool that has gained popularity in recent times is the B-Clock Modified MT4 Indicator. In this article, we will delve into the world of forex
Brent Crude Oil News and Analysis Fighting continues on multiple fronts as diplomatic efforts do little to calm tensions Brent crude oil edges higher ahead of the weekend IG client sentiment hints at continued bullish momentum as traders pile into shorts The analysis in this article makes use of chart patterns and key support and
The European Central Bank (ECB) and the Bank of England (BoE) are both expected to maintain their current interest rates without any significant changes. ECB officials are generally leaning towards keeping rates stable, and the likelihood of a rate cut in the near future is low. In the central scenario, interest rates are expected to
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