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Canadian CPI Preview: Forecasts from five major banks, inflation likely to ease again
Statistics Canada will release April Consumer Price Index (CPI) data on Tuesday, May 16 at 12:30 and as we get closer to the release time, here are th
USD Index gives away gains and drops to 101.40 on soft CPI
The greenback sets aside two daily gains in a row and returns to the 101.40/30 band when tracked by the USD Index (DXY) on Wednesday. USD Index appear
AUDUSD falls back below the 200 day MA
The AUDUSD fell sharply today after an initial move higher found will sellers vs the 100 day MA. The subsequent fall has now taken the price below...
AUD/JPY Technical: Potential Push Up Within a Major Range
Two conflicting fundamental factors are driving the short-term movement of the Aussie dollar. RBA’s hawkish rhetoric has provided a potential...
Exploring the Surging Interest of Retail Investors in Cryptocurrency in 2023
2023 has seen a striking increase in interest from retail investors as a result of cryptocurrency's ability to draw in investors from all around...
AUD/USD slides amidst US economic resilience, weaker Chinese data
AUD/USD retraces from daily highs of 0.6709 and drops 0.62% after a slew of economic data from the United States (US) showed that the economy remains
Gold Prices Tepid Despite Lower Yields Post-CPI. Is the Bullish Case Over?
Gold prices retreat despite falling U.S. Treasury yields following softer-than-expected U.S. inflation data, but the fundamental outlook remains...
FX Majors Weekly Outlook (15-19 May)
UPCOMING EVENTS: Tuesday: UK Labour Market, US Retail Sales, Canada CPI. Thursday: Australian Labour Market, US Jobless Claims. Friday: Fed...
CAD board chairman announces resignation
Lou Svetlik’s resignation could be accepted following a discussion between CAD board members, Chief Appraiser Keri Wickliffe said. The board...
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