In focus today In the euro area, we receive the final national accounts data for Q4, where attention will centre around the first release on hours worked and private consumption. In the US, focus turns to the February Jobs Report. We forecast NFP growth to slow down to +120k (Jan. +143k) due to negative seasonality, […]
Jun 07, 2024
USDCAD Wave Analysis
USDCAD reversed from resistance level 1.3740 Likely to fall to support level 1.3600 USDCAD currency pair recently reversed down from the key resistance level 1.3740 (upper boundary of the narrow sideways price range inside which the pair has been moving from the start of May). The resistance level 1.3740 was strengthened by the upper daily […]
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