๐น๐๐๐ ๐ฃ๐ ๐ช๐ ๐ฆ ๐ฃ๐๐๐ ๐ฅ๐๐๐ค ๐๐๐๐, ๐ก๐๐๐๐ค๐, ๐๐๐๐๐ ๐ฅ๐๐ ๐๐๐๐ ๐๐ฎ๐ญ๐ญ๐จ๐ง ๐ฅ๐ ๐ค๐ฆ๐ก๐ก๐ ๐ฃ๐ฅ ๐๐ช ๐จ๐ ๐ฃ๐.
๐ ๐จ๐ ๐ฆ๐๐ ๐๐ก๐ก๐ฃ๐๐๐๐๐ฅ๐ ๐๐ฅ.
Serving as a solid support line, the 200-day moving average has been used by the NZDCAD pair to rebound up after previously struggling and slipping down. After the signing of the phase one trade deal, the kiwi managed to perk up as the deal disappointed the markets. The agreement left the tariffs on $120 billion worth of Chinese goods untouched until the US and China reach a phase two deal. Meanwhile, the Canadian dollar is also moving in lockstep with the developments in the US-China trade deal. At first, markets were optimistic that the interim deal would be bullish for global trade outlook. However, with the tariffs staying in place until after phase two, markets were disappointed and concerned. Reports have it that the discussion of phase two wonโt kick off until after the US presidential elections. Canada is a major trading partner for the US.
๐ ๐จ๐ ๐ฆ๐๐ ๐๐ก๐ก๐ฃ๐๐๐๐๐ฅ๐ ๐๐ฅ.
Serving as a solid support line, the 200-day moving average has been used by the NZDCAD pair to rebound up after previously struggling and slipping down. After the signing of the phase one trade deal, the kiwi managed to perk up as the deal disappointed the markets. The agreement left the tariffs on $120 billion worth of Chinese goods untouched until the US and China reach a phase two deal. Meanwhile, the Canadian dollar is also moving in lockstep with the developments in the US-China trade deal. At first, markets were optimistic that the interim deal would be bullish for global trade outlook. However, with the tariffs staying in place until after phase two, markets were disappointed and concerned. Reports have it that the discussion of phase two wonโt kick off until after the US presidential elections. Canada is a major trading partner for the US.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.