- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/CAD returns above 1.4400 despite Canadian GDP beats estimates
USD/CAD returns above 1.4400 despite Canadian GDP beats estimates
- USD/CAD bounces back above 1.4400 amid a strong recovery in the US Dollar.
- US Durable Goods Orders contracted by 1.1% in November, faster than estimates of 0.4%.
- The Canadian economy expanded by 0.3% in October against expectations of 0.1%.
The USD/CAD pair recovers sharply above 1.4400 in Monday’s North American session. The Loonie pair gains as the US Dollar (USD) bounces back strongly at the start of the holiday-shortened week due to Christmas Eve and Boxing Day on Wednesday and Thursday, respectively.
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, jumps to near 108.20. The Greenback recovers half of Friday’s losses that were inspired by the slower-than-projected growth in the United States (US) Personal Consumption Expenditure Price Index (PCE) data for November.
Major reason behind USD’s recovery seems to be its upbeat outlook, given that Federal Reserve’s (Fed) officials have guided fewer interest rate cuts for 2025. According to the latest dot plot, officials see Federal Funds rate heading to 3.9% by the end of 2025.
On the economic front, US Durable Goods Orders for November have come in weaker-than-projected. Fresh Durable Goods Orders declined by 1.1%, faster than estimates of 0.4%. In October, fresh orders for durable goods rose by 0.8%, upwardly revised from 0.2%.
Meanwhile, the Canadian Dollar (CAD) remains weak despite better-than-projected monthly Gross Domestic Product (GDP) data for October. The Canadian economy expanded by 0.3%, faster than estimates of 0.1% and the former release of 0.2%, upwardly revised from 0.1%.
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
