Consumer price inflation ticked up to 3.3% on a year-on-year (y/y) basis in July, up from 2.8% in June, largely thanks to base-year effects on gasoline prices. Even so, gasoline prices are 12.6% below year ago levels in July. But, the fact that they were 21.6% below year ago levels in June has resulted in […]
The post Canada: Inflation Back Above 3% in July, Thanks to Higher Energy Prices appeared first on Action Forex.
US 100 index trades sideways, a tad below its all-time high It continues to battle with the August 5, 2024 trendline Momentum indicators are modestly bullish at this stage The US 100 cash index is Read more…
The start of the final trading week of November has been eventful. Several currency pairs experienced a “gap” or price difference between Friday’s close and Monday’s opening. For instance, the GBP/USD pair opened 60 pips Read more…
USDJPY loses ground around 200-day SMA RSI and MACD head south USDJPY has declined considerably toward the 200-day simple moving average (SMA) around 152.10, with the potential to hit the short-term uptrend line before heading Read more…