CPT MarketsThe United States is cooling down global supply chain pressure and easing inflation! INGgroup...

dollar/Cad (USDCAD)：

After the close of trading on Tuesday, the US dollar fell to1.3388Nearby, the market is paying attention to the possibility of the Federal Reserve continuing to raise interest rates and waiting for more clues to evaluate the Fed's interest rate path before next week's policy meeting.

OANDASenior Market Analyst based in New YorkEdward MoyaThe market is waiting to see if inflation will unexpectedly rise. But as more people believe that6The month is not a real face-to-face meeting, and the market has not seen a particularly significant trend. The market believes that the Federal Reserve may6Suspend actions on a monthly basis to assess the impact of higher interest rates on the economy. According to Zhishang InstituteCMEofFedWatchTool, Federal Funds RatefuturesTraders believe that the Federal Reserve may resume interest rate hikes later,7Monthly interest rate increase at least25The probability of a basis point is65%. The unexpected move by the Federal Reserve of Australia may also raise market attention to Wednesday's Bank of Canada policy meeting. Netherlands International GroupINGGlobal Marketing Director forChris  TurnerIf the Bank of Canada raises interest rates tomorrow25A basis point could cause ripples in the global core bond market and potentially buy the US dollar, as the Federal Reserve may be closer to raising interest rates than initially thought.

In terms of yesterday's financial event data, the New York Fed released the US6The monthly global supply chain pressure index is lower than the previous period to-1.71Reflecting a lower level of pressure than equilibrium, this development further alleviated one of the key factors that previously led to a sharp rise in inflation pressure in various regions. In addition, CanadaRichard IveyCompilation and Announcement of Business School5monthPMIUp to60.1This indicates an overall growth in the country's manufacturing industry.

From the upward direction, the upper suppression(Upper resistance) 1.3380，1.3420； From the downward direction, the lower support1.3340。

euro/pound (EURGBP)：

After a slight decline on Tuesday, the euro fell to0.8607Nearby, Eurozone4The monthly retail sales rate is mixed, limiting the upward space for the euro.

The benchmark view of Dutch International Group is that the US dollar will enter a cyclical bear market trend in the coming months. If the Federal Reserve can significantly lower interest rates later this year, it is believed that the US dollar will trade lower in the future. In this context, we believe that the euro should remain in place by the end of the year1.15A certain area above. The weakening of the US dollar should be a positive story for global growth. Many countries, especially emerging market countries, have to support local currencies with higher interest rates. The turning point of the US dollar trend should give them some breathing space, which may attract emerging markets to emerge2020A positive portfolio inflow that has never been seen since the end of the year.

In terms of yesterday's financial event data, the EurostatIstatAnnouncement of the Eurozone4The monthly retail sales rate is mixed, improving to-2.6%And fall to0%It shows that the demand for retail goods in Eurozone countries fluctuates and grows with market changes.

From the upward direction, the upper suppression(Upper resistance) 0.8600，0.8640； From the downward direction, the lower support0.8570。

CPT MarketsRisk Tips and Disclaimers : The above article content is for reference only and is not intended as future investment advice.CPT Markets The articles published are mainly based on international financial data reports and international news as reference.