Market Friction: Tech Regulatory Risks and USDCAD Trend Exhaustion

A heavy wave of regulatory and geopolitical friction is testing the patience of tech and currency traders. European regulators have fired a shot across the bow of the cloud computing space, preliminarily designating AWS and Microsoft Azure as gatekeepers under the Digital Markets Act [1][2]. This adds a fresh layer of compliance risk and potential structural headaches to an already fragile tech market. Meanwhile, macroeconomic data continues to paint a complicated picture of the US economy, as final Q1 GDP printed at 2.1% against expectations of 1.6%, while core PCE inflation ticking in at 0.3% month-over-month keeps pressure on the Federal Reserve to…