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Canada’s merchandise trade balance tallied a first-in-ten-month surplus of $708 million in December. November’s deficit was revised higher to $986 million (from $323 million reported earlier). Merchandise exports accelerated to 4.9% month-on-month (m/m) from 1.9% in November, with gains reported by 8 out of 11 sectors. Energy exports, driven by higher crude oil prices, were […]

The post Canada: December Nrings the First Trade Surplus Since February 2024 appeared first on Action Forex.

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04/02/2025

EURUSD Wave Analysis

EURUSD reversed from pivotal support level 1.0225  Likely to rise to resistance level 1.0400 EURUSD currency pair recently reversed up from the major pivotal support level 1.0225, which has been steadily reversing the pair from the end of last year, as can be seen from the daily EURUSD chart below. The support zone near the […]
03/10/2024

Hang Seng Is Too Hot Now, but Long-Term Attractive

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28/02/2024

RBNZ Holds Rates Steady

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