USD/CAD Forecast: BOC’s Macklem Sees No Need for More Hikes
Macklem said that no additional rate increases would be required if inflation fell. Jerome Powell stated it would take “quite...
Read moreMacklem said that no additional rate increases would be required if inflation fell. Jerome Powell stated it would take “quite...
Read moreFed Chair Powell failed to provide any new indications of a hawkish pushback. Japan’s current account surplus sharply declined in...
Read moreThe USDJPY pair has registered only a false breakout above the historical level, so the retreat is natural. The USD...
Read moreThe dollar weakened on Tuesday following its gain the day before. Canadian economic activity grew in January at its fastest...
Read moreTuesday saw a 25 basis point increase in Australia’s cash rate. The RBA has raised rates by a sum of...
Read moreThe XAU/USD is bearish in the short term despite temporary rebounds. A new lower low activates more declines. The RBA...
Read moreUS nonfarm payrolls increased by 517,000 last month. There is a 90% probability of a 25bps rate hike at the...
Read moreIncreased borrowing costs are finally having an impact on Australia’s consumer spending. Australia’s retail sales fell 0.2% to A$96.9 billion...
Read moreAustralian retail sales fell by the most in more than two years. January saw a strong acceleration in job creation...
Read moreCanada’s economy likely slowed in December after expanding modestly in November. The number of new jobs in the US jumped...
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