USA
Mexican IPC BMV - Ascending Triangle1. Uptrend coming since 2020.
2. Consolidation during health emergency,
3. Rising economy beacuase of opening borders and presencial labor.
4. Limit roof standing because of Fed tax rate increase.
%. Waiting for trend continuation completing pattern.
Fundamentals
International relationships
National economy-labor increasing
United States sponsorship on international agreement
USDCAD, BoC to hike rates this week?Hey traders, in this week we are monitoring USDCAD for a selling opportunity around 1.26 zone, in this week we have BoC rate announcement where it's expected for BoC to hike rates by 0.50. this should contribute to CAD strength.
Once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
US02YUS02YAlarm in the markets: a part of the US interest rate curve is inverted that has not been in 16 years
US five-year bond yields rose as much as 10 basis points to touch 2.64%, outperforming those on 30-year bonds.
Receive a cordial greeting, In Spain on 08/30/2022
Sincerely, L.E.D.