Canadian manufacturing and wholesale trade reports on Friday will be in focus to help gauge the impact that U.S. tariffs are having on the trade-exposed industrial sector. Early trade reports have been showing most Canadian exports continue to enter the U.S. duty free under an exemption from tariffs for products compliant with the CUSMA. Canada […]
The post Canada’s Industrial Data to Highlight Q2 Growth While U.S. Inflation to Remain Steady appeared first on Action Forex.
Caterpillar shares have already had a strong run, and BofA Securities sees more upside ahead as the company benefits from power generation demand, a record backlog, and a broader recovery across parts of its machinery Read more…
EUR/USD rebounded after initial dip to 1.1653 last week, but stayed in range below 1.1848. Initial bias remains neutral this week first. Rise from 1.1408 is extended to continue as long as 1.1642 support holds. Read more…
USD/JPY’s steep decline last week indicates medium term topping at 160.71, on bearish divergence condition in D MACD. But as a temporary low should be formed at 155.48, initial bias is turned neutral this week Read more…