CPT MarketsThe Bank of Canada unexpectedly raised interest rates to support the Canadian dollar! US Trade Export...

dollar/Cad (USDCAD)：

The US dollar fell to1.3359Nearby, the Canadian dollar jumped after the Bank of Canada raised interest rates.

The Bank of Canada has violated market expectations, restarted interest rate tightening measures, and stated that the economy is currently overheating. Today, the Bank of Canada raised interest rates to4.75%, for2001The highest level since the beginning of the year. The bank's interest rate statement stated that overall, excessive demand in the economy appears to be more persistent than expected, but the statement did not come with a series of new predictions. Since this year1Since the conditional suspension of interest rate hikes was announced in June, policymakers have warned that further interest rate hikes may be necessary. Although some Canadians are feeling the pressure of rising borrowing costs, the central bank's actions indicate that officials are concerned that if interest rates are not raised again, the economic growth momentum will not slow down enough.

In terms of yesterday's financial event data, the US Bureau of Economic Analysis announced4The monthly trade account improved to-746100 million US dollars, but the number of imports3235.7Billion yuan still exceeds the export value2490.2USD100mn As imports rebound and exports decline, the United States4The monthly trade deficit has expanded to its highest level in six months; Relative to Statistics Canada4The monthly trade account significantly exceeded expectations to19.4It is evident that there has been a significant increase in export quotas of billions of Canadian dollars.

From the upward direction, the upper suppression(Upper resistance) 1.3350，1.3390； From the downward direction, the lower support1.3310。

euro/pound (EURGBP)：

The euro rose against the pound on Wednesday and fell back behind, dropping to0.8601Nearby, due to generally weak economic data from eurozone countries and the UK, the upward space for the euro and sterling is limited.

Thursday morning trading, UK Recruitment and Employment FederationRECAccording to the latest survey funded by global quantization giant KPMG,5The UK labor market further cooled in June, as the starting salary growth rate for long-term employees was the slowest in more than two years. The number of long-term employees employed in the previous month was2021year1The maximum rate of decline since the beginning of the month is due to a decrease in employee demand indicators to a low level in five months. This survey matches other labor market indicators, indicating that the labor market is now noticeably loose.

In terms of yesterday's financial event data, the German Ministry of Economy announced4The month to month rate of industrial output is mixed, rising to1.6%And fall to0.3%Reflects the fluctuation of industrial output with market demand. In addition, French customs have announced4The monthly trade account has significantly decreased compared to expectations-97.1One billion euros, with a net outflow of funds indicating a serious trade deficit.

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.