USD/CAD Price Analysis: Refreshes Two-Week High Ahead of US/Canada Employment Data

The New Zealand dollar has started the week with gains. NZD/USD is trading at 0.6026 in the North American session, up 0.45% at the time of writing. Will the RBNZ lower rates this week? The Reserve Bank of New Zealand meets on Wednesday and it’s a live meeting as the decision is expected to be […]

China’s negative import growth in November suggests a sticky weak domestic demand environment. China and Hong Kong stock markets have failed to reignite bullish animal spirits despite the weakening trend seen in the US 10-year Treasury yield in the past month. Hang Seng Index now faces a potential major bearish breakdown that may retest the […]

GBPUSD accelerated lower after US inflation data on Wednesday and hit the lowest in three weeks, pressuring psychological 1.30 support. US inflation data were mainly in line with expectations, but core CPI showed signs of stickiness, cooling bets for 50 basis points rate cut by Fed and inflating the US dollar. Technical picture on daily […]