Main market news on September 23
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.
Canadian GDP
GDP is the broadest measure of a country’s economic activity and the primary gauge of the economy’s health.
Canadian GDP data differs from that of other countries because it is released on the monthly basis and not just once in a quarter like in the United States or the euro area. As a result, we can get more accurate figures and have a better judgment about what’s happening in Canada.
USD/CAD is quite volatile, so if the figures exceed expectations, the CAD will be able to improve its po
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Will the pound keep standing?
Services and Manufacturing PMIs are out on Wednesday at 11:30 MT time.
Main market movements on September 21
The US dollar and the Japanese yen has started the week on the positive footing amid rising new virus cases.
Latest news
US Federal Judge stopped TikTok's ban
China's industrial rebound, progress in US fiscal stimulus and other important news in this article.
US stimulus package improved sentiment
The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!
The US weekly labor data is out!
US Initial jobless claims will be announced on Thursday at 15:30 MT time.
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