USD/CAD Reversal from March Low Still in Focus Following BoC Testimony

The limited reaction to the Bank of Canada (BoC) testimony raises the scope for a larger correction in USD/CAD as the exchange rate reverses at the March low (1.3315).

from DailyFX – Market News https://bit.ly/2ADgzyl
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NZD Falls on GDP Data, Australian Dollar Braces for Key Jobs Report

The New Zealand Dollar fell after local GDP data underwhelmed Looking ahead, AUD is bracing for a key domestic jobs report – will the statistics cause selling pressure to swell?

from DailyFX – Market News https://bit.ly/3fAddLb
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NZD Falls on GDP Data, Australian Dollar Braces for Key Jobs Report

The New Zealand Dollar fell after local GDP data underwhelmed Looking ahead, AUD is bracing for a key domestic jobs report – will the statistics cause selling pressure to swell?

from DailyFX – Market News https://bit.ly/3fAddLb
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Dow Jones, S&P 500 Price Outlook Hinge on Jobless Claims Data Due

The Dow Jones and S&P 500 stumbled ahead of Thursday’s trading session as investor appetite for risk stalls with weekly jobless claims data due for release. What’s the stock market’s next move?

from DailyFX – Market News https://bit.ly/2AJklpC
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Nasdaq 100 Forecast for the Week: Technical Patterns Weakened

A surge in volatility has worked to erode a crucial technical pattern after price broke above and below the confines of an ascending channel. Is the damage a sign of rising instability?

from DailyFX – Market News https://bit.ly/37BrcO7
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