USDCAD Breaks 200‑Day MA — Signals a Short‑Term Bull Run for the CAD
USDCAD jumps above its 200‑day moving average, hinting at a stronger Canadian dollar and a possible reversal in the currency pair.
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USDCAD jumps above its 200‑day moving average, hinting at a stronger Canadian dollar and a possible reversal in the currency pair.
The USD jumped 0.6% on Friday as Fed hawkish tone and Iran‑US tensions spiked, pushing the Euro below its 100‑hour MA and rattling gold at $2,190.
USD climbs after US‑Iran talks show slight progress, nudging currency spreads tighter and signaling a cautious bullish bias for the dollar.
A US–Iran ceasefire draft, brokered by Pakistan, sparks a $4,540 gold rally and a 0.6% dollar slide.
May services PMI fell to 50.9, nudging the greenback lower as eurozone confidence stalls.
USD‑JPY jumps 0.13% as Nasdaq futures hover below $29,313, tightening a 30‑day bearish window for tech equity traders.
Gold jumps 1% to $4,530 as Fed minutes signal a rate‑hike path, offering a timely safe‑haven play.
The AUD/USD pair steadied near 0.7150 in early Asian trading after retreating from multi‑year highs. The move reflects shifting U.S. rate expectations and ongoing geopolitical uncertainty.