USD/CAD remains below the 200-DMA as sellers eye the YTD low around 1.2450 By christianborjon USDCAD Majors Sentiment Oil Macroeconomics
, a gauge of the greenback’s value against a basket of six currencies, climbs 0.22% sits at 98.639. The US 10-year treasury yield easies from YTD highs, down two basis points at 2.348%.Russia – Ukraine’s woes are back in the forefront, keeping investors on their toes. Ukrainian President Zelensky stated that talks with Russia are intricate and sometimes confrontational.
The US economic docket featured more Fed speakers. On a call with reporters, Loretta Mester, Cleveland Fed President, said that the Fed would need to do some 50 bps moves this year while favoring frontloading rate hikes to better position themselves for how the US economy evolves in the second half of 2022. She further added that “USD/CAD Price Forecast: Technical outlook
The USD/CAD is downward biased once the pair broke under the 200-day moving average , sitting at 1.2609. Given that March 3 low at 1.2586 gave way to the USD/CAD, sellers’ next target would be the YTD low at 1.2450. Nevertheless, it would find some hurdles on the way south. The USD/CAD first support would be 1.2550. Breach of the latter would expose September 3, 2021, daily low at 1.2493, followed by January 19 YTD low at 1.2450.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Man sentenced from 200 years to life in prison for sexually assaulting three childrenA 35-year-old man has been sentenced from 200 years to life in prison for sexually assaulting three children over a four-year span.
Weiterlesen »
Platinum Price Analysis: Bulls surrender gains near 200 EMA, likely to revisit monthly lowsPlatinum Price Analysis: Bulls surrender gains near 200 EMA, likely to revisit monthly lows By Sagar_Dua24 Metals Technical Analysis Fibonacci Breaking Momentum
Weiterlesen »
Brian Barcelona Sentenced To 200 Years For Sexually Assaulting 3 Young SiblingsA 35-year-old man has been sentenced to 200 years in prison for sexually abusing three young siblings over a period of four years.
Weiterlesen »
Out Of 200 Ever Made, Two Aston Martin Lagonda Tarafs Are For Sale Right Now | CarscoopsOut Of 200 Ever Made, Two Aston Martin Lagonda Tarafs Are For Sale Right Now | Carscoops carscoops
Weiterlesen »
‘Encanto’ Soundtrack Falls From Number One After Nine Weeks On Billboard 200It was replaced by Lil Durk’s “7220.”
Weiterlesen »