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About: davin

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The USDCAD remains range-bound, awaiting a decisive move amidst weak momentum and trader indecision.

USDCAD traded within an 84-pip range, testing key support at 1.4200 while resistance stands at 1.4246.

UOB Group forecasts USD will fluctuate within the 7.2350 to 7.2650 range against CNH.

USD is projected between 7.2350-7.2650 CNH; decline requires breaking 7.2300; above 7.2800 signals trend reversal.

The Dallas Fed manufacturing survey is scheduled, amidst a generally calm economic calendar for February.

February is calm. S&P 500 futures rise. Nvidia’s earnings Wednesday and Vistra’s Thursday will shape market sentiment.

According to Danske Bank’s analyst, EUR/GBP remains steady near the 0.8300 level amid no local data.

EUR/GBP stable at 0.8300; UK PMIs weak; wage growth slows; inflation concerns rise; BoE speakers awaited.

The SPD expressed uncertainty about joining the future government, noting proposals from Merz could be revealing.

SPD uncertain about future role; CDU/CSU leans toward Greens after SPD’s lowest federal election support.

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