• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Meta Platforms (META.O): The AI experience for teenagers on Instagram has been updated, inspired by movie ratings for people aged 13 and over, meaning that the AI should not give responses that are inappropriate for the age.April 9th – This afternoon (April 9th), the Ministry of Commerce held a regular press conference to introduce recent key work in the commercial field. The spokesperson stated that China and the EU are important economic and trade partners. For many years, China-EU economic and trade cooperation has had a solid foundation, ample growth momentum, and deeply integrated production and supply chains, forming a virtuous cycle of complementary advantages and mutual benefit. China has always maintained an open attitude towards negotiating bilateral economic and trade arrangements with the EU and welcomes relevant proposals from European leaders. However, in recent years, the EU has used various economic and trade tools to investigate and restrict Chinese companies. China hopes that the EU will listen more to the voices of its member states and European industry, abandon protectionist practices, and work with China to replace building walls with open cooperation, properly handle frictions and differences through dialogue and consultation, and jointly promote the healthy and positive development of China-EU economic and trade relations.April 9 – Foreign Ministry Spokesperson Mao Ning held a regular press conference on April 9. An AFP reporter asked, “Foreign Minister Wang Yi will be visiting North Korea. Could the spokesperson provide further details on the topics he will discuss? Will he raise the issue of resuming Chinese tourism to North Korea?” Mao Ning replied, “Yesterday I introduced the relevant arrangements for Foreign Minister Wang Yi’s visit to North Korea. We will release further information in a timely manner if there are any updates. You can stay tuned. I believe both sides will discuss issues of common concern.”On April 9, Foreign Ministry Spokesperson Mao Ning held a regular press conference. An AFP reporter asked, "The White House stated yesterday that the United States held high-level talks with China over the past few days regarding the Iran war. Can the spokesperson confirm that the talks did take place, and what specific topics were discussed?" The reporter also asked, "Regarding Lebanon, does China believe that Lebanon should also be included in the ceasefire agreement that has been reached?" Mao Ning responded to the reporters first question, "Since the outbreak of the conflict, China has maintained communication with all parties and actively promoted peace and prevented further fighting." Regarding the second question, Mao Ning stated, "We have just explained our position on the situation in Lebanon. We hope that all parties can take the temporary ceasefire arrangement as an opportunity to resolve disputes and end the fighting through political and diplomatic means."April 9th - In the first quarter of 2026, the national railway system transported a total of 1.133 billion passengers, a year-on-year increase of 5.5%; the average daily number of passenger trains operated by the national railway system in the first quarter was 12,072, a year-on-year increase of 7.1%.

USD/CAD Price Analysis: Retracement Moves Seek Confirmation at 1,3000

Alina Haynes

May 13, 2022 10:00

USD/CAD consolidates recent advances while retreating from its highest level since November 2020, reaching a fresh intraday low around 1.3010 during the Asia session on Friday.

 

In doing so, the Loonie pair depicts a pullback from a four-day-old resistance line, which was near 1.3080 at the time of publication.

 

Given that the downward-sloping RSI (14) line is not oversold, the most recent price downturn may continue for a while longer before reaching any important support.

 

However, a junction of the 100-HMA and a one-week-old ascending trend line at 1.2995 is a formidable obstacle for USD/CAD bears.

 

In the event that the price falls below 1.2995, various levels surrounding 1.2920-10, including the high from early May and the 200-hour moving average, will attract pair sellers.

 

In contrast, a decisive breach of the aforementioned short-term resistance line of 1.3080 would require confirmation from the 1.3100 level before going for the peak of 1.3172 in late November 2020.

 

In conclusion, USD/CAD decline is not indicative of a trend reversal until the quotation breaks 1.2920.

The USD/CAD Hourly Graph

 image.png