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.
Tag - cad - canadian dollar
The Bank of Canada will publish a rate statement and an update on the interest rate on September 9, at 17:00 MT time.
The poor Canadian data in combination with the positive US report should push USD/CAD to the upside. Jump in for technical analysis!
It's non-farm Friday. Today's U.S. jobs report could deliver the last positive print before losses strike again. Fresh analysis of USD/CAD, AUD/USD and GBP/JPY!
Markets gear up for Tesla and Apple whose stocks will split on Monday, but investors still keep their eye on COVID-19 developments. Here's a technical analysis of AUD/USD, USD/CAD and USD/JPY.
GBP/USD is now testing the key resistance at 1.32605.
USD/CAD reached levels unseen since the beginning of the year. ING considers the pair may fall further, but Bank of America warned that it may hit its bottom and reverse in the long run.
EUR/USD has tested the hurdle at 1.18431 in today's session
Canada will announce the Canadian retail sales and core retail sales on August 21, at 15:30 MT time
ER/JPY: The EUR/JPY pair is now testing the upper level of the cloud. A successful attempt to exit the Kumo will signal a new bullish sentiment.
The pair slumped to levels unseen since January. What’s next?
GBP/JPY: the pair is now trading slightly above the Kijun Sen. A failed attempt to move higher will lead GBP/JPY below the Kijun Sen.