Formally, inflation figures and lower-than-forecast expectations helped the market to find ground for a rebound.
Author: sandesh.k0101
The Bottom Line: Today’s GDP report shows Canadian economic growth accelerated in October from September;
Canadian economic growth jumped 0.3% month-on-month (m/m) in October, ahead of Statistics Canada’s advanced guidance
Dollar edged higher in subdued holiday trading, maintaining its recent strength but staying within a
Stock market sentiment is moving out of the extreme fear zone it plunged into last
The Canadian dollar posted its fourth straight losing week, declining about 1%. In Monday’s European
CADJPY, Daily In the Daily timeframe, CADJPY formed a symmetrical triangle pattern. The price is
USDCHF, H2 USDCHF is navigating within a symmetrical triangle, sandwiched between the 0.8950 resistance and
Market Picture The crypto market retreated last week and is in no hurry to recover,
Last week was chaotic. The Federal Reserve’s (Fed) hawkish 25bp cut, the hint from the
With the holiday season underway, this week may be less volatile than the previous one,
Gold price started a fresh decline below $2,665. Crude oil prices are now struggling to