USD/CAD Outlook: Pair Edges Up Ahead of US Employment Data
The dollar was higher on Thursday after weak trading in the previous session. The Fed remained somewhat hawkish despite the recent shift in economic data. API data revealed a rise…
The dollar was higher on Thursday after weak trading in the previous session. The Fed remained somewhat hawkish despite the recent shift in economic data. API data revealed a rise…
UK headline inflation returned to the 2% target for the first time in around three years. Economists expect the BoE's first rate cut in August and at least two more…
US sales rose just 0.1% in May compared with expectations for a 0.3% gain. Markets are pricing in a 67% chance of a Fed tapering in September. Economists expect the…
UK inflation fell below the BoE's 2% target for the first time in nearly three years. Inflation in the prices of services in the UK increased by 5.7%, which is…
US retail sales data on Tuesday revealed a smaller-than-expected increase. The Fed has forecast just one rate cut this year. The pound fell ahead of the Bank of England's policy…
The Reserve Bank of Australia kept rates at 4.35 percent on Tuesday. Inflation in Australia is 3.6%, well above the central bank's target. Economists expect the US retail sales figure…
The euro remained weak on fears of a financial crisis in France. The loonie rallied on Friday as data revealed a 1.1% rise in factory sales. Expectations for BoC tapering…
The announcement of snap elections in France caused considerable turmoil in the Eurozone. The ECB has remained silent on support for French markets. Markets are still absorbing the Fed's forecast…
US consumer and wholesale inflation data came in below estimates. The Fed has forecast just one rate cut this year. The Reserve Bank of Australia will hold a policy meeting…
Data from Great Britain revealed a significant jump in monthly unemployment claims. US data revealed a lower-than-expected consumer inflation figure in May. The Fed's forecasts at the FOMC meeting showed…