Despite the upbeat Spanish CPI, the EUR/USD price remains under selling pressure. Markets await the Final US GDP Price Index for fresh momentum. Technically, the 1.0800 level provides strong support. The EUR/USD price remained bearish on Wednesday despite minor rebounds. The pair is trading at 1.0820 at the time of writing. The bearish trend remains...
BoC’s Carolyn Rogers urged businesses to increase productivity by supporting investment. Data from Canada revealed a 0.8% increase in wholesale trade in February. The dollar was steady as investors prepared for more inflation data this week. The USD/CAD forecast turns bullish today as the Canadian dollar is losing ground, spurred by the Bank of Canada’s...
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