Insights
The dollar saw gains against the Loonie after Fed rate hike
U.S. Benchmark Treasury yields slid amid unpromising Russia-Ukraine talks
Gold and silver slide as dollar strengthens against other currencies
Oil prices rally
ໄດ້ ເງິນໂດລາ inches up against the Loonie as the U.S. dollar strengthens following the Fed rate hike. U.S. Treasury yields dipped as investors monitor the slow-moving Russia-Ukraine talks. Gold prices slide as the U.S. dollar strengthens. Oil prices rally as supply shortages become a concern with Russian oil potentially shutting down.
Existing-home sales were below expectations in February, dropping 7.2% month to month. The seasonally adjusted annualized rate was 6.02 million units compared to the expectations of 6.13 million units. Rising mortgage rates contributed to the 2.4% lower sales from February 2021. The tight supply of homes was a significant factor in the drop in existing home sales. There was a 15.5% drop in the supply of homes year over year. There is the least supply on the lower-end price range of homes, increasing competition and prices.
ການວິເຄາະດ້ານວິຊາການ
The USD/CAD inches back up to mid-1.26 as the U.S. dollar strengthens, and there is greater USD demand. The exchange rate should move lower in the coming weeks as there will be CAD improvement in the coming weeks. The shortage of oil from the Russian shutdown in the coming weeks should lift the commodity-linked CAD. Resistance is seen near 1.265. Key support is seen near 1.257. Short-term momentum has turned negative as the fast stochastic generated a crossover sell signal.
ຊ່ວງເວລາກາງແມ່ນເປັນລົບຍ້ອນວ່າເສັ້ນ MACD ສ້າງສັນຍານການຂາຍແບບ crossover. ສະຖານະການນີ້ເກີດຂື້ນເມື່ອເສັ້ນ MACD (ສະເລ່ຍການເຄື່ອນຍ້າຍ 12 ມື້ລົບໂດຍສະເລ່ຍຂອງການເຄື່ອນຍ້າຍ 26 ມື້) ຂ້າມເສັ້ນສັນຍານ MACD (ສະເລ່ຍການເຄື່ອນຍ້າຍ 9 ມື້ຂອງເສັ້ນ MACD). MACD histogram ພິມອອກໃນທາງບວກ. ເສັ້ນທາງຂອງ histogram MACD ແມ່ນການລົງຄ້ອຍລົງ, ເຊິ່ງອາດຈະຊີ້ໃຫ້ເຫັນເຖິງລາຄາຫຼຸດລົງ.
ນີ້ ບົດຄວາມ ຖືກລົງໃນເບື້ອງຕົ້ນໃນ FX Empire
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Source: https://finance.yahoo.com/news/usd-cad-edges-higher-amid-220027419.html