CPT MarketsThe US economic data is resilient, but the market is still fluctuating and falling! European Central Committee...

dollar/Cad (USDCAD)：

After a significant surge in the US dollar against the Canadian dollar on Tuesday, it rose to1.3197Nearby, a series of previously released economic data showed that the US economy still has resilience and may not be approaching a recession.

Recent data display5Unexpected increase in new orders for US capital finance in the month, but4The monthly data was revised down, indicating that companies still hold a certain degree of caution towards new capital investment, followed by a further decline in the US dollar. However, the decline in the US dollar has narrowed after the release of US consumer confidence data. World Enterprise Research Announcement6The monthly consumer confidence index has increased from the previous month's102.5Ascend to109.7, for2022year1The highest since the beginning of the month. In addition,5Monthly sales of new homes and4Other data such as monthly housing prices also indicate that the housing market has withstood the test of rising interest rates from the Federal Reserve.

In terms of yesterday's financial event data, the US Department of Commerce announced5The monthly rate of durable goods orders is significantly higher than expected1.7%This indicates an increasing demand in the market for ordering non consumable items. In terms of housing market data, the US Department of Commerce has announced5The monthly construction permit and new home sales rate have increased from expectations to5.6% (Total number of reports149.610000 households) and12.2% (Total number of reports76.310000 households)This reflects a significant increase in demand in the housing market. In addition, the American Chamber of Commerce has announced6The monthly consumer indices are higher than the previous period, highlighting the market's optimistic view of future economic conditions. In terms of inflation data, Statistics Canada announced5monthCPIThe overall fluctuation and decline in the monthly rate reflect a easing of inflationary pressure in the country.

From the upward direction, the upper suppression(Upper resistance) 1.3190，1.3220； From the downward direction, the lower support139.50。

euro/pound (EURGBP)：

After Tuesday's intraday volatility and rise, the euro rose to0.8595Nearby, due to the unexpected weakness of the US dollar after resilient economic data, both the euro and the pound have gained short-term online trading space.

Tuesday, President of the European Central Bank Lagarde It is stated that inflation in the eurozone has entered a new stage and may linger for a period of time. In the short term, the central bank is unlikely to confidently say that interest rates have reached their peak. Other decision-makers at the European Central Bank expect no clear evidence that inflation has slowed enough to cause the ECB to pause rate hikes. European Central Bank Regulatory CommissionSimkusHe stated that he does not rule out the possibility of further interest rate hikes after the summer, as inflation remains too strong, partly due to the elasticity of the labor market. If in the9Continuing to raise interest rates on a monthly basis is not surprising. For the market, when the European Central Bank will end its historic monetary tightening policy is a key issue. Most economists believe that interest rates will be raised next month25After a few basis points, officials from the European Central Bank will maintain deposit rates at3.75%However, the money market expects deposit rates to reach4%Left and right peaks.

In terms of yesterday's financial event data, the French Ministry of Labor and Employment Research and Statistics BureauDARESpublish5monthAThe number of unemployed individuals has increased to280.6Ten thousand people, reflecting a decline in employment growth. In terms of inflation data, the UK Retail AssociationBRCpublish6The annual rate of monthly store price index has dropped to8.4%The decrease in commodity price costs reflects a easing of inflationary pressure. In addition, the Italian Bureau of StatisticsIstatpublish6The monthly consumer and manufacturing confidence indices rose to108.6And fall to100.3。

From the upward direction, the upper suppression(Upper resistance) 0.8590，0.8620； From the downward direction, the lower support0.8540。

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.