The Canadian dollar is in negative territory today, as the US dollar is higher against the major currencies. In the European session, USD/CAD is trading at 1.3827, up 0.45%. Canada retail sales expected to improve Canada releases retail sales for August later today. The July data was weak, with retail sales at -2.5% and core […]
The post Canadian Dollar Dips ahead of Retail Sales appeared first on Action Forex.
Gold price fell at the start of the week, losing around 1.8% by mid-European trading on Monday, reflecting growing concerns about rising inflation that prompted major central banks to take more hawkish stance, despite that Read more…
The ECB’s latest Survey of Professional Forecasters points to a worsening macro mix for the Eurozone, with higher inflation and weaker growth in the near term. Headline HICP inflation is now expected to rise from Read more…
There is an old line I picked up early in covering Detroit: never bet against the American consumer’s love of trucks. For the past three years, automakers tried anyway. They poured tens of billions of Read more…