The Canadian CPI print confirmed what the markets had already expected: that inflation continues to rise and will force the BOC to raise rates further. Last week, the Bank of Canada’s Toni Gravelle said that it is possible that the Bank of Canada may have to raise rates above neutral because the economy may become […]
The post Canadian Inflation Remains Excessively High. What Does It Mean For USD/CAD? appeared first on Action Forex.
RBA delivered a widely expected 25bps hike to 4.10%, but the real surprise lay in the 5–4 split decision, exposing a deeply divided board. The narrow margin suggests that while policymakers are concerned about inflation, Read more…
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent. While inflation has fallen substantially since its peak in 2022, it picked up materially in the second Read more…
Bitcoin is staging a notable recovery this week, climbing back above the 75,000 handle even as geopolitical tensions in the Middle East remain elevated. The move challenges the typical risk-off playbook, where escalating conflict would Read more…