USD/CAD Mauled as Canadian Dollar Bulls Pounce, Key Support at Risk of Cracking

The Canadian dollar continues to strengthen against the U.S. dollar amid positive market sentiment and higher oil prices, with USD/CAD on the verge of breaching a key technical support.

from DailyFX – Market News https://ift.tt/lCVgc7G
via IFTTT

EUR/USD Confronts Trendline Resistance, Threatens Breakout After Hot German CPI

EUR/USD rallies and threatens to break above a key technical resistance after hotter-than-expected German inflation data boosts European bond yields

from DailyFX – Market News https://ift.tt/6c0jqwY
via IFTTT

USD Breaking News: Final US (Q4) GDP Revised Lower but Data Remains Robust

US GDP drops quarter-on-quarter, but fundamental data remains robust despite rising interest rates and the recent banking turmoil. USD dips lower

from DailyFX – Market News https://ift.tt/qhCcjBa
via IFTTT

DAX 40 Price Forecast: European Stocks Soar Ahead of German Inflation

Equities have continued to rally in today’s session, allowing the German Dax to break through key technical levels ahead of important inflation data.

from DailyFX – Market News https://ift.tt/vDEo0wk
via IFTTT