Tag: CADJPY
Yen Becomes Prima Donna Amid Recession Threats
US stocks have slumped sharply since their January 2022 peak: USA500 is nearing a bear market after losing more than -19%; USA100 plunged more...
Market Update – January 17 – USD Holds onto gains
Big bank Earnings disappointed on Friday, the USD recovered from 8-week lows and Fedspeakers continued to worry about inflation as hawkish tones increased. Stocks recovered early...
Canadian Dollar Strengthens Across the Board
The Canadian Dollar has been one of the major overperforming currencies in 2021, but has been fading lately, with declines recorded against the Dollar,...
CADJPY – In a downtrend at the key support 90.00
CADJPY, H4
The S&P/TSX composite index (benchmark Canadian index) continued to decline to a two-week low of 21,421 yesterday, led by technology and mining stocks....
CADJPY – Central Bank meetings still can’t set a new direction
CADJPY, H4
This is another pair that enters the base adjustment mode before entering the new month. After moving up continuously since late September the...
Market Update – October 4 – USD Holds, Inflation & Evergrande worries persist
USD (USDIndex 94.00) holds at highs but down from Thursday 94.50 high. Strong US data on Friday (ISM Manu PMI 61.1, PCE 4.3%...
