The major US stock indices are closing lower as CPI data was a bit higher than expectations and then the lower demand for the 30 year auction reminded traders that the US treasury supply is not going to be lower anytime soon, and if you start losing buyers (like the Fed and foreign buyers), that
USD/CAD PRICE, CHARTS AND ANALYSIS: The Loonie Appears to Have Run Out of Steam Ahead of US CPI Release. BoC Deputy Governor Issues Warning Around the Potential of Renewed Price Pressures. IG Client Sentiment Data Shows Retail Traders are Currently Net-Short with 60% of Traders Holding Short Positions. To Learn More About Price Action,Chart PatternsandMoving
