About: anakin

Recent Posts by anakin

Mark Carney’s leadership may prompt a Bank of Canada rate reduction due to economic concerns

Mark Carney leads Liberals, proposing tax changes. Conservatives’ lead narrows. Election looms as economic concerns persist.

The US and Canadian Dollars are both weak, causing USD/CAD to fluctuate beneath 1.4400

USD/CAD consolidates near 1.4370 as both currencies weaken; Fed and BoC rate decisions influence market sentiment.

Hassett hints at early April resolution for trade policies, while cautioning against recession discussions.

Kevin Hassett expects trade uncertainty resolution by April, predicts growth, highlights manufacturing jobs, and acknowledges market decline.

Recent USD weakness resulted from disappointing data, impacting AUDUSD near key resistance and support levels

AUDUSD trades in a range as markets await US CPI. Support at 0.6250, resistance at 0.6350, outlook uncertain.

UOB Group suggests continued downward pressure for USD/CNH, with potential sideways trading expected between 7.2300 and 7.2530

USD/CNH faces downward pressure, trading sideways. A break below 7.2260 may target 7.2000; resistance at 7.2800.

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