USDCAD tests 1.4268 support; buyers active. A break above 1.4300 signals upside; below 1.42319 suggests decline.
Gold nears record highs as USD weakens; EUR/USD and GBP/USD rise amid geopolitical shifts and market expectations.
Fitch lowers Australia’s outlook to negative, cuts global growth forecasts, and warns of trade policy uncertainties ahead.
Consumer prices rose, gold neared record highs, and major currencies strengthened amid easing geopolitical tensions.
US import prices rose 0.4% in February, exceeding expectations, signaling inflationary pressures amid tariff discussions.
Building permits reached 1.456 million in February, exceeding expectations and indicating growth in construction activity.
Canada’s CPI rose 2.6% year-on-year in February 2025, exceeding expectations, with gasoline prices increasing 5.1%.
Building permits in the U.S. dropped from 0.1% to -1.2%, signaling reduced new construction activity.
US may block outbound China investments, adjust tariffs, and reconsider Russian sanctions; economy remains healthy, says Bessent.
Housing starts rose 11.2% in February, gold neared record levels, and USD strength pressured major currencies.
