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April 2024 Monthly
Article By:
Marc Chandler
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Saturday, March 30, 2024 11:18 AM EDT
The macroeconomic and geopolitical developments have not changed substantially over the past month. The resilience of the US economy allows the Federal Reserve to put more emphasis on achieving price stability.
In this article: FXE, FXA, FXB, FXC, FXF, FXY, UUP, BNO, WTI, QQQ, DIA, OIL, UCO, UGA, UNG, USO, SPX
United States GDP Expanded In Fourth Quarter By 3.4%
Article By:
Daily Forex
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Friday, March 29, 2024 6:59 AM EDT
US GDP grows 3.4% in Q4 2023, with consumer spending and investment up. Dollar steady, stocks unmoved. Canada's GDP rebounds, hinting at solid 2024 start.
USD/CAD Could Halt Losing Streak Amid A Stronger Greenback, Clings To 1.3540
Article By:
Akhtar Faruqui
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Friday, March 29, 2024 12:30 AM EDT
USD/CAD hovers around 1.3540 during the Asian hours on Friday, showing signs of potentially ending its four-day losing streak. However, trading volumes are expected to be light due to Good Friday.
The Great Canadian Debate Is Underway Why Productivity Is So Poor
Article By:
Norman Mogil
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Thursday, March 28, 2024 5:04 PM EDT
To say that the financial markets in Canada, bank lending and equity markets, are denying the private sector capital is without foundation.
In this article: EWC
Forex Today: Fed’s Waller - No Rush To Cut Rates, Prospect Of Hikes Remote
Article By:
Adam Lemon
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Thursday, March 28, 2024 6:47 AM EDT
US Fed member Waller spoke about the Fed’s thinking a few hours ago, reiterating the message of recent months – the Fed won’t rush into any rate cuts and current conditions do not support cuts and suggested the prospect of rate hikes is very remote.
USD/CAD Forecast: Bank Of Canada Flags Low Productivity
Article By:
Yohay Elam
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Wednesday, March 27, 2024 10:01 AM EDT
The USD/CAD forecast turns bullish today as the Canadian dollar is losing ground, spurred by the Bank of Canada’s observation of persistently low productivity in Canada. Moreover, the loonie weakened alongside plummeting oil prices.
In this article: FXC
USD/CAD Analysis: Incremental Higher Price Action And A Wider Range
Article By:
Robert Petrucci
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Wednesday, March 27, 2024 6:12 AM EDT
The USD/CAD has remained volatile and displayed a rather wide value range the past handful of days which day traders should use as a caution sign for today and tomorrow.
2024 Global Market Outlook – Q2 Update: Pent-Up Exuberance
Video By:
Russell Investments
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Tuesday, March 26, 2024 1:46 PM EDT
We believe optimism over a soft-landing scenario - where economic growth slows but a recession is avoided - may deliver more near-term market gains, as inflation declines and central banks look to start easing around mid-year.
Spring Market Demanding More Realism
Article By:
Danielle Park, CFA
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Tuesday, March 26, 2024 10:08 AM EDT
Nationally, the average Canadian home sale price in February 2024 was $719,400, -11.9% from the cycle peak of $816,720 in February 2022.
In this article: EWC