The pound has edged higher today after annual inflation in the UK surged to its highest level in 30 years. The bad news is that price pressures are likely to intensify even more, before falling back. The pound’s somewhat muted response suggests investors are not sure whether the impact of the Bank of England’s response […]
The post GBP/JPY: Pound Gains as UK Inflation Hits 30-Year High appeared first on Action Forex.
Medicare’s expanded telehealth access is sticking around, but not permanently. The current rules run through Dec. 31, 2027, giving beneficiaries a temporary extension of pandemic-era flexibility. Federal policymakers have taken steps to accelerate the use Read more…
Canadian labour market data for April next Friday will be in focus, and we expect employment to remain broadly consistent with a gradual improvement in per-worker conditions after controlling for an unprecedented pullback in labour Read more…
Crude oil prices continued higher this week as the market is becoming increasingly sceptical about the prospect of a near-term opening of the Strait of Hormuz. This pushed yields higher until the peak was reached Read more…