Tag - cad - canadian dollar

Canada will publish the monthly GDP growth on March 31, at 15:30 MT time.

Jump in to get the latest market news and fresh technical analysis of EUR/USD and GBP/USD!

Yesterday, S&P surged to the all-time high of 3960, driven by Biden’s $1.9 trillion relief bill. Today the stock index has taken a break. Meanwhile, the US dollar is edging higher today, pressing down its peers.

Yesterday, S&P surged to the all-time high of 3960, driven by Biden’s $1.9 trillion relief bill. Today the stock index has taken a break. Meanwhile, the US dollar is edging higher today, pressing down its peers.

Canada will publish employment change and an unemployment rate on Friday, at 15:30 MT time.

 The Bank of Canada will publish a rate statement and update on the interest rate on Wednesday, at 17:00 MT time.

As the biggest oil refinery in the world got attacked recently in Saudi Arabia, oil soared to almost $70. Other than that, a regular weak ahead, with CAD and EUR seeing their respective rates and monetary reports out. A couple of stocks are down, by the way - we'll talk about that and how to gain on that, too!

USD/CAD reversed down from 1.2865 last week and formed a candlestick with a long upper wick on the W1.

Asian equities were mostly positive after the stimulus-driven momentum on Wall St. which lifted all major US indices to fresh unprecedented levels.

Read the report to get the analysis of EUR/USD, EUR/JPY, CAD/JPY, and gold!

Asia-Pac stocks traded higher as regional bourses took their cues from the fresh all-time highs on Wall Street.

Asian equity markets traded mostly higher as the region took impetus from global peers including the advances on Wall Street as governments around the world looked poised to boost spending to help economies recover from the coronavirus and vaccine roll-out programmes accelerated.