Amazon and USDCAD Break Lower as Markets Look Further Into the Future

-Subscribe to DailyFX:
-Free Trading Guides & Forecasts:

Amazon, Nasdaq 100, Dollar, USDCAD and EURUSD Talking Points

● With the afterhours release of Amazon earnings, we have rounded out the FANGs and the consensus for speculative appetite is notably troubled
● In the aftermath of the Fed’s cautious shift towards hawkishness, the US GDP printed a robust 6.5 percent in growth – still a Dollar disappointment against 8.4 percent forecasts
● The Dollar has dropped for four consecutive trading sessions, producing notable breaks back into range for EURUSD and USDCAD, but potential for these pairs is very different

-Visit DailyFX:

#DailyFX #Trading #Stocks

Welcome to DailyFX! Enjoy access to actionable and authoritative views on global financial markets.

Why subscribe?
-Cutting edge real-time insight on actionable market developments
-Clearly explained videos to help you build your forex trading strategy and market knowledge
-Access to self-serve market information for traders to apply and enhance their own analysis
-Quick-take videos of market-moving developments throughout the trading week

Millions of traders from around the world seek out DailyFX for up-to-date forex alerts, news and analysis. Think of us as your trading friends that have access to institutional level research, with years of live trading experience under our belts. We give you what you need to trade well month after month, and our services are free.