USD CAD tumbles below 1 3700 as the US Dollar gets battered Usdcad - Majors HEAD TOPICS
USD CAD tumbles below 1 3700 as the US Dollar gets battered
10/21/2022 8:11:00 PM USD CAD tumbles below 1 3700 as the US Dollar gets battered – by @christianborjon #USDCAD #Majors #Macroeconomics #RetailSales #Fed
Usdcad Majors
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USD CAD tumbles below 1 3700 as the US Dollar gets battered – by christianborjon USDCAD Majors Macroeconomics RetailSales Fed The USD/CAD tumbled from around daily highs of 1.3850 towards the 1.3660s area as US Treasury bond yields dropped on news that Fed officials are looki If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. Read more:
FXStreet News » EUR/USD drops below 0.9800, trimming its weekly gains EUR/USD Forex Signal: Stuck in a Tight Range as Triangle Pat USD/CAD: Near Term sure to Produce Volatile Forex Fireworks Canadian Dollar Gains but Remains in Tough Spot, USD/CAD Rejected at Key Support Watch Christina Aguilera s Life in Looks From Moulin Rouge to Dirrty
The pop star revisits her best—and boldest—outfits over her career. Read more >> EUR/USD drops below 0.9800, trimming its weekly gainsEUR/USD snaps two days of gains, tumbles below 0.9800, after Eurozone (EU) inflation remained elevated, while the US housing market continues to feel EUR/USD Forex Signal: Stuck in a Tight Range as Triangle PatThe EUR/USD price retreated as the US dollar made a strong comeback on Wednesday. USD/CAD: Near Term sure to Produce Volatile Forex FireworksThe USDCAD is trading near the 137575 mark as of this writing. forex forextrade forextrading The dollar will dump soon Canadian Dollar Gains but Remains in Tough Spot, USD/CAD Rejected at Key SupportCAD gains on stronger oil and positive mood on Wall Street, but outlook remains challenging. Bets that BoC will raise rates more aggressively than anticipated also supports the CAD. USD/CAD falls but fails to breach a key technical support. EUR/USD is carving out the risk of an imminent downside breakout, US yields rocket to the moon (and back?)EUR/USD is carving out the risk of an imminent downside breakout, US yields rocket to the moon (and back?) – by fx_ross EURUSD DollarIndex Fed BOJ Information on these pages contains forward-looking statements that involve risks and uncertainties.at 0.It declined to a low of 0.USD/CAD is trading near the 137575 mark as of this writing. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.88%, after reaching a daily high of 0. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. This decline happened after Europe published strong inflation data and the US delivered mixed housing numbers. It also does not guarantee that this information is of a timely nature. The Euro tumbles on high EU inflation as stagflation looms September’s inflation in the Euro area jumped by 1. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress.39760 mark last Thursday. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.9% YoY, increasing the likelihood of a third straight 75 bps interest-rate hike by the European Central Bank (ECB). After dropping for two straight days, the volatility index (VIX) rose by almost 2%. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. Given the backdrop of mixed sentiment in the Euro area, as shown by October’s ZEW survey, hinting at a recession, the EUR/USD appreciated. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. Russia continued its bombardment campaign in Ukraine, where it is targeting critical infrastructures like power and electricity. The author has not received compensation for writing this article, other than from FXStreet. Aside from this, US economic data, namely the US Housing Starts for September, shrank by 8,1% MoM, due to the US Federal Reserve’s aggressive tightening, with rates about to hit the 4% threshold, as speculations of another big-size rate hike mounted. It should also be remembered that next Wednesday the Bank of Canada will release their Monetary Policy Report, along with the Overnight Rate. FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information.5-4. Third, Eurostat published the latest inflation data on Wednesday. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. He added that the Fed would need to continue its restrictive policy if inflation remains high. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.1% in August. Traders must be ready for sudden volatility with secure risk management today. .9900 figure, exposing the Euro to selling pressure.