USD/CAD Weekly Forecast: High Odds for 25-bps Cut in Sep
The data revealed that July wholesale inflation in the US was softer than expected. The headline US CPI number eased to 2.9% from 3.0%. The dollar got a brief respite…
The data revealed that July wholesale inflation in the US was softer than expected. The headline US CPI number eased to 2.9% from 3.0%. The dollar got a brief respite…
The US PPI and CPI reports confirmed that inflation is on a consistent path towards the 2% target. US retail sales jumped and jobless claims fell. Next week, investors will…
US retail sales rose 1.0% in July. The probability of a 50 bps Fed rate cut in September fell to 25%. US jobless claims fell to 227,000 last week. The…
US retail sales data showed an unexpected 1.0% increase in July. The odds of a 50 bps Fed rate cut in September have been reduced to 25%. Canadian wholesale trade…
Employment in Australia rose by 58,200 in July. The probability of an RBA rate cut in November fell from 55% to 45%. The US dollar was on the back foot…
The data shows that the UK economy grew by 0.6% in Q2. Markets now see a 25 basis point Fed rate cut as more likely. Investors await the US retail…
The dollar weakened after data showed PPI rose less than 0.1% in July. The probability of a 50 basis point Fed rate cut in September rose from 50% to 53.5%.…
The consumer price index in Great Britain rose by 2.2 percent less than expected in July. UK services inflation rose 5.2% in July after increasing 5.7% in the previous month.…
The UK unemployment rate fell from 4.4% in May to 4.2% in June. After the UK jobs report, investors cut the likelihood of a September BoE cut from 38% to…
In Q2, wages in Australia rose slowly over the year. Employment in Australia rose, leading to improved business conditions in July. Traders are on edge, awaiting US figures on wholesale…