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USD/CAD gets the help it needed to extend gains above 1.38
Following on from an earlier update here noting the rise in the USD/CAD since yesterday, after the Bank of Canada lowered interest rates, the US dollar has gotten a further boost from the much higher than forecast US Q2 GDP report. GDP has in effect doubled the previous estimate and that is impressive by any measure. So, the USD/CAD has now extended the move above the prior break at 1.3804 and lifted to test the 1.3850 mark. It was noted here earlier today; that the US GDP could help to extend the upside breakout and so it has. The USD/CAD is currently trading at 1.3840
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Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
