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About: anakin
Recent Posts by anakin
In January, Canada’s portfolio investment in foreign securities decreased from $3.77 billion to $-3.15 billion
Canada’s portfolio investment in foreign securities dropped to -$3.15 billion in January, indicating significant withdrawal.
The bearish trend for USDCAD persists as key moving averages and retracement levels are breached
USDCAD remains bearish, breaching key technical levels. Further downside targets 1.4299, while resistance lies at 1.4383-1.4402.
Despite slight losses towards week’s end, GBP/USD ended positively as attention turned to central banks
GBP/USD saw modest losses but stabilized near 1.2950 as traders remained cautious before key economic events.
US stock futures recover, yet RBC revises S&P 500’s 2025 price target down significantly to 6200
US stock futures steady; mixed retail sales; S&P 500 target adjusted; Fed rate cut expectations unchanged; investor sentiment mixed.
Housing starts in Canada reached 229K year-on-year, falling short of the anticipated 248.5K
