USDCAD Technical Analysis - We are at a key support ...Middle East

USD The Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement.Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt.The recent US CPI missed expectations across the board bringing the expectations for rate cuts forward. The labour market is starting to show weakness as Continuing Claims are now rising at a fast pace and the recent NFP report missed across the board, but yesterday the US Jobless Claims beat forecasts giving the USD a short-term boost. The latest US ISM Manufacturing PMI missed expectations by a big margin, followed by a disappointing ISM Servic

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USDCAD Technical Analysis - We are at a key support ...Middle East

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