EUR/USD 1.17406
0.208%
Gold 3885.61
0.761%
Oil 60.525
0.064%
USD/JPY 147.454
0.139%
GBP/USD 1.34825
0.330%
GBP/JPY 198.809
0.471%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On October 5, 2025 (the fourth day of the Mid-Autumn Festival and National Day holiday), cross-regional passenger mobility totaled 301.2911 million, a month-on-month decrease of 1.1% and a year-on-year increase of 6.1%. Of this total, rail passenger volume reached 18.334 million, a month-on-month increase of 0.9% and a year-on-year increase of 4.5%. Highway passenger volume (including non-commercial passenger vehicle trips on expressways and ordinary national and provincial highways, as well as commercial passenger vehicle trips on expressways) reached 278.73 million, a month-on-month decrease of 1.2% and a year-on-year increase of 6.2%. Of this total, commercial passenger volume reached 35.23 million, a month-on-month decrease of 1.5% and a year-on-year increase of 2.5%. Non-commercial passenger vehicle trips on expressways and ordinary national and provincial highways reached 243.50 million, a month-on-month decrease of 1.2% and a year-on-year increase of 6.8%. Waterway passenger volume reached 1.9077 million, a month-on-month decrease of 0.9% and a year-on-year increase of 5.6%. Civil aviation passenger volume was 2.3194 million, a decrease of 1.8% month-on-month and an increase of 4.1% year-on-year.According to the Financial Times: The European Commission will introduce a new "Applied Artificial Intelligence Strategy" to accelerate the development and use of localized artificial intelligence technology.According to RIA Novosti: Russian air defense forces shot down 32 Ukrainian drones at night.On October 5th, the U.S. federal government shutdown entered its fourth day, and Americans are increasingly frustrated with the drama caused by partisan bickering. According to the New York Times website, a recent New York Times poll shows that Americans confidence in the U.S. political systems ability to solve problems is declining. Only 33% of Americans believe the country is capable of resolving its political problems, and a majority now believe it is unable to overcome its deep internal divisions. The poll also reveals a deep skepticism among Americans about the U.S. political system. Forty-one percent of Americans say they disagree that the United States is a democracy. Americans told CCTV reporters that their lives are already being impacted by the government shutdown, and that the bipartisan struggle has left ordinary people the ultimate victims.Polish Armed Forces: Poland scrambled aircraft to secure its airspace after Russia launched an attack on Ukraine.

USD/CAD Depreciates Due to Weakening Yields and the Dollar

Larissa Barlow

Apr 21, 2022 09:50

USD/CAD depreciates in erratic trading as oil prices rise and Canadian data remains strong. The USD declined, while benchmark rates decreased by several basis points. Investors are selling bonds in response to fears about rising prices and dwindling economic growth prospects.

 

Despite the Federal Reserve's aggressive monetary stance, gold prices remained unchanged as benchmark yields fell. Oil prices increased as a result of a supply constraint in the United States and a lack of supply from Russia and Libya. Reduced demand and rising inflation indicate that the economy will remain in stagflation.

 

Existing house sales decreased by 2.7 percent from March 2021 to 5.77 million seasonally adjusted yearly units. March house sales were down 4.5 percent from the previous month. The data were taken in January and February, just when mortgage rates began to climb, before exploding in March. Prices are increasing as a result of the housing shortage, which increases the cost of dwellings. This condition makes it more difficult for homebuyers to obtain mortgages.

Technical Evaluation

After three days of consolidation, the USD/CAD experienced intense selling today, plunging below the critical psychological threshold of 1.25. Long-term, rising commodity prices will support the Loonie. Resistance is located near the 1.26 ten-day moving average. Support is located near the low set on April 4th, near 1.247.

 

Short-term momentum shifted negative as the fast stochastic crossed below the zero line, signaling a sell signal. Momentum is bullish but decelerating over the medium term, as the MACD line generated a crossover buy signal. When the MACD line (the 12-day moving average minus the 26-day moving average) passes the MACD signal line, this scenario occurs (the 9-day MA of the MACD line).

 

 image.png

 

Suggestion