Canadian Dollar Outlook: Canada’s CPI Eyed as USD/CAD Challenges Key Resistance

Canada’s January inflation report and broad market sentiment following the hawkish repricing of the Fed’s policy outlook will be key catalyst for USD/CAD in the coming days.

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Dollar Breakout and S&P 500 Breakdown Don’t Project Conviction Into Next Week

The technical levels were clear for the US-based S&P 500 and Dollar through the end of last week, and both tentatively earned a ‘break’ Friday. That said, follow through was clearly under scrutiny by the time liquidity drained. Have we already cleared the sentiment hurdle or do we need a more robust push next week for trends?

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EUR/USD Latest: Trendline Break and Rate Expectations Climb to 3.75%

The euro, like many other USD crosses, has witnessed a crucial break of support as a wave of hawkish USD repricing takes hold after Fed talk of 50 basis points in March

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