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USD/CAD climnbs above 1.2560 as focus shifts to US Treasury note auctions

4/12/2021 2:51:54 PM GMT
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By Eren Sengezer
USD/CAD is edging higher following a two-day slide.
BoC s Business Outlook Survey highlights an improved outlook.
Investors await 3-year and 10-year US Treasury note auction.
The USD/CAD pair edged lower to 1.2530 area during the European trading hours but didn t have a difficult time recovering its losses. As of writing, the pair was up 0.26% on a daily basis at 1.2561. Nevertheless, the lack of fundamental drivers suggests that the pair is staging a technical correction after posting losses on Thursday and Friday.
Eyes on US T-note auctions
In its Business Outlook Survey for the first quarter, the Bank of Canada (BoC) said that the business sentiment continued to improve and noted that many firms consider the impact of the coronavirus on their activities is already behind them. However, the BoC s optimistic tone failed to help the CAD gather strength agai ....

United States , Business Outlook , Boc Business Outlook , Business Outlook Survey , West Texas Intermediate , ஒன்றுபட்டது மாநிலங்களில் , வணிக ஔட்‌லுக் , போக் வணிக ஔட்‌லுக் , வணிக ஔட்‌லுக் கணக்கெடுப்பு , மேற்கு டெக்சாஸ் இடைநிலை ,

USD/CHF hits fresh three-week lows near 0.9200

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United States , ஒன்றுபட்டது மாநிலங்களில் ,

GBP/USD: A break below 1.3670 is not ruled out – UOB

4/12/2021 5:49:22 AM GMT
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By Pablo Piovano
In opinion of FX Strategists at UOB Group,
Cable could still breach the 1.3670 level in the short-term.
Key Quotes
24-hour view: “GBP dipped to 1.3670 last Friday before staging a mild recovery. Despite the bounce from the low, it is too soon to expect a sizeable rebound. For today, GBP is more likely to consolidate and trade sideways, expected to be within a 1.3670/1.3740 range.”
Next 1-3 weeks: “Last Thursday (08 Apr, spot at 1.3745), we indicated that ‘there is room for GBP to test last month’s low near 1.3670’. We added, ‘at this stage, the prospect for a sustained decline below this level is not high’. GBP subsequently dropped to 1.3670 on Friday before recovering slightly. Downward momentum has not improved by much but a clear break of 1.3670 is not ruled out. However, any further weakness is expected to struggle to move below the next support at ....

EUR/USD clinches daily tops near 1.1920, looks to US yields

4/12/2021 1:49:21 PM GMT
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By Pablo Piovano
EUR/USD leaves behind the negative start and retakes 1.19.
The dollar loses the grip and drops to session lows.
EMU’s Retail Sales expanded 3.0% MoM in February.
The single currency faded the initial offered bias and regains composure, lifting
EUR/USD back above the 1.19 mark at the beginning of the week.
EUR/USD focused on US 10-year auction
EUR/USD so far reverses Friday’s downtick and retakes the 1.1900 neighbourhood on the back of the renewed selling note surrounding the greenback. The pair’s upside now targets monthly peaks near 1.1930 recorded on April 8.
In fact, the dollar gives away initial gains despite the positive performance of US 10-year yields, which now approach the 1.68% level ahead of the key auction scheduled for later on Monday. ....

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One of Georgia's last drive-ins had 'best year ever' in 2020

One of Georgia s last drive-ins had best year ever in 2020
ANDREW SHEARER, Athens Banner-Herald
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TIGER, Ga. (AP) Worldwide, annual box office numbers took a 71 percent nose dive in 2020 due to mass theater closures that resulted from the COVID-19 pandemic. Of the $4.2 billion in reported North American ticket sales, a significant portion of that was due to drive-in screenings and specialized outdoor pop-up events that allowed people to safely watch movies together.
The Tiger Drive-In, one of only 5 drive-in theaters left in Georgia, was able to open for its summer season back in April when all indoor cinemas remained closed, and proved to be a hit with residents of the small Rabun County town of Tiger as well as in surrounding areas. ....

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