Key Highlights GBP/USD struggled near 1.3260 and started a downside correction. It traded below a key bullish trend line with support at 1.3140 on the 4-hour chart. EUR/USD is struggling to start a fresh increase above 1.1100. The UK Claimant count could change by 95.5K in August 2024. GBP/USD Technical Analysis The British Pound faced […]
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US Dollar Index rally continues and the impact of a strong US dollar on global markets. Examining upcoming PMI data from the Euro Area and UK CPI figures, and their potential market implications. Assessing the likelihood Read more…
Canadian Highlights Canada continues to digest the implications of last week’s U.S. election result, as interest and exchange rates adjust to expectations for policy changes south of the border. Existing home sales came in strong Read more…
Summary United States: Inflation Redux The descent in inflation remains slow-going. Stubborn services prices lifted the Consumer Price Index 2.6% annually in October, the first acceleration in this measure since Q1. Sticky inflation does not Read more…