US stock markets tumbled at the opening on Thursday as the Federal Reserve's warnings about a slow recovery from the pandemic.
Tag - cad - canadian dollar
Follow Canadian core retail sales on September 18 at 15:30 MT time!
USD strengthens further in the post-FOMC Asia session. Read the article to get fresh analysis of EUR/USD, GBP/USD, CAD/JPY and silver!
The Federal Reserve wraps up its regular two-day policy meeting, with the publication of its post-meeting statement at 2 PM ET (1800 GMT), and Chairman Jerome Powell’s press conference half an hour, as usual.
Asian equity markets traded mixed and only partially benefitted from the technology gains in the US.
China’s economy continued its rebound from the coronavirus pandemic, with a round of key data for August all coming in above expectations.
Eurozone March industrial production comes at 4.1% vs 4.2% m/m than expected
XAG/USD: Silver stands above the 23.6% retracement area. An indecision still exists.
The pound has slumped against other major currencies amid fears over the no-Brexit deal. More details have recently come out over EU-UK tensions. Let’s get into them straight away.
GBP/CAD keeps falling to the downside amid fears over the no-Brexit deal. According to JPMorgan, the pair will continue dipping throughout the whole of September.
EUR/USD, GBP/USD, USD/JPY and AUD/USD go down…
Asian equity markets were lower across the board amid strong headwinds from Wall Street where the tech rout intensified on return from the long weekend.