New housing prices in Canada rose 0.1% in February, while USD/CAD increased to 1.4356 by 33 pips.
USD/JPY nears 150.00; resistance at 152.00. Japan’s CPI mixed. BOJ rate hike expected; yen downside limited.
USDCAD is trending upwards, testing the 200-hour MA, with key support at 1.4318 and resistance at 1.4360.
USD/CAD stabilises at 1.4330 as inflation limits BOC policy flexibility amid trade uncertainties and slowing retail sales.
S&P 500 futures drop 48 points as tariff concerns and quad witching pressure markets amid expiring $4.7T options.
EUR/USD trades near weekly lows, finding support at 1.0726. Eurozone surplus supports demand amid positive fiscal developments.
The Fed President sees balanced policy, slowing growth, mixed signals, and uncertainty ahead, echoing Powell’s sentiments.
The Bank of England holds rates at 4.50% as borrowing rises, impacting fiscal policy and market expectations.
US stocks decline in premarket trading; Fed’s Goolsbee stresses patience on rates amid uncertainty, tariffs, and inflation risks.
India’s forex reserves rose to $654.27 billion. USD strengthens, impacting currencies. Gold near $3,000. Key data ahead.
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