Consumer price inflation held steady in October, at 6.9% year-on-year (y/y), down from 6.9% in September. Higher gasoline prices in October were a key culprit keeping inflation elevated. Prices at the pump surged 9.2% in October, after three months of decline, and are up 17.8% versus a year ago. Food inflation did ease very slightly, […]
The post Canada: Higher Prices at the Pump Keep Inflation Elevated in October appeared first on Action Forex.
Daily Pivots: (S1) 1.1488; (P) 1.1518; (R1) 1.1570; More…. EUR/USD is still staying in consolidations above 1.1408 and intraday bias remains neutral. Further decline is expected as long as 1.1666 resistance holds. Below 1.1408 will Read more…
Daily Pivots: (S1) 1.3215; (P) 1.3295; (R1) 1.3339; More… Intraday bias in GBP/USD remains neutral for the moment and more consolidations could be seen above 1.3216. But risk will stay on the downside as long Read more…
Daily Pivots: (S1) 0.7867; (P) 0.7903; (R1) 0.7967; More…. Intraday bias in USD/CHF remains on the upside for the moment. The current rally is seen as correcting whole down trend from 0.9200. Next target is Read more…