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

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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

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