<p>The EURUSD is making a break to new session lows and in the process, has moved below a key downside support target at 1.0929. Yesterday, the price fell below that level, only to rebound within the hour and start the run back to the upside that culminated with the price five reaching up to 1.0980. […]
Blogs
GBP/USD: Scope for more losses over the next few weeks on weakness through key support at 1.2610 – Scotiabank
GBP/USD holds range amid still bullish trend momentum but downside risks linger, economists at Scotiabank report.
Canada International Merchandise Trade registered at $1.57B, below expectations ($2B) in November
Canada International Merchandise Trade registered at $1.57B, below expectations ($2B) in November
Canada Exports dipped from previous $65.98B to $65.74B in November
Canada Exports dipped from previous $65.98B to $65.74B in November
United States Goods Trade Balance climbed from previous $-90.3B to $-89.4B in November
United States Goods Trade Balance climbed from previous $-90.3B to $-89.4B in November
United States Goods and Services Trade Balance came in at $-63.2B, above expectations ($-65B) in November
United States Goods and Services Trade Balance came in at $-63.2B, above expectations ($-65B) in November
Canada Imports climbed from previous $63.01B to $64.17B in November
Canada Imports climbed from previous $63.01B to $64.17B in November
Canada Building Permits (MoM) came in at -3.9% below forecasts (-1.7%) in November
Canada Building Permits (MoM) came in at -3.9% below forecasts (-1.7%) in November
USD/CAD: Gains through 1.3390/1.3400 will bolster near-term upside momentum – Scotiabank
USD/CAD has nudged a bit higher on the session. Economists at Scotiabank analyze the pair’s outlook.