USDCAD traded within an 84-pip range, testing key support at 1.4200 while resistance stands at 1.4246.
USD is projected between 7.2350-7.2650 CNH; decline requires breaking 7.2300; above 7.2800 signals trend reversal.
February is calm. S&P 500 futures rise. Nvidia’s earnings Wednesday and Vistra’s Thursday will shape market sentiment.
EUR/GBP stable at 0.8300; UK PMIs weak; wage growth slows; inflation concerns rise; BoE speakers awaited.
SPD uncertain about future role; CDU/CSU leans toward Greens after SPD’s lowest federal election support.
USD may retest 148.90 against JPY before stabilising, with resistance at 149.75 and 150.10, analysts suggest.
Nasdaq drops after weak PMI data, inflation fears rise, resistance at 22111, support at 20990, Fed concerns persist.
DAX Futures bearish below 22,684, bullish above 22,775. Key targets: 23,195 (bullish), 21,520 (bearish). Trade wisely.
USD/CAD rebounds to 1.4220 amid US Dollar strength, tariff concerns, technical patterns, interest rates, oil, and inflation.
Xi praised Russia’s efforts on Ukraine, affirmed steady China-Russia ties, and emphasized ongoing strategic coordination and diplomacy.
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