Daily reviews

 

USD/CAD

 

News background:

The sharp decline in crude oil prices had a negative impact on the Canadian dollar. Speculative mood associated with a slowdown in economic growth in China and the statements of Saudi Arabia to increase oil production continues - all that supporting the pair, which may …

Wall Street took a wait-and-see position

 

The U.S. stock market closed mixed on Tuesday on expectations of results of the first actions the Fed aimed to buy mortgage-backed securities, as well as short-term government securities and weak statistics from the largest express delivery company  - the FedEx, whose …

 

EUR/USD

 

News background:

The pair continues to be corrected slightly after strong growth in anticipation of the Fed decision. It has already rolled back by 23% Fibonacci, and if it can hold above the 1.3000 level, it can get the potential for local growth.

 

Technical picture:

From …