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About: anakin
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The USDCAD trades within moving averages, awaiting the Bank of Canada’s interest rate decision impacting direction
USDCAD consolidates ahead of BoC decision, with key levels at 1.43857 and 1.44041 guiding potential breakout direction.
The Consumer Price Index in the United States was 0.2% for the month, underwhelming forecasts
February CPI rose 0.2%, below the expected 0.3%, influencing economic forecasts and monetary policy decisions.
Market reactions to the CPI report diminished quickly, with current concerns centred on tariffs instead.
Markets initially rallied on calmer CPI but quickly reversed; focus shifts to tariffs amid escalating trade tensions.
In February, Brazil’s IPCA inflation rate reached 1.31%, exceeding the anticipated 1.3% level
Brazil’s inflation surpasses expectations; EUR/USD steady, gold rises, and cryptocurrencies decline amid market uncertainty.
US stocks rise after CPI data, with yields decreasing and the dollar softening amidst volatility
