Canada’s CPI report for February is expected to show a firm 5.4% year-over-year increase. It will likely rise closer to 6% in March on the back of surging pump prices. In the first week of March alone, gas prices soared 16%—to 46% above year ago levels—as the Russian invasion of Ukraine sent global oil prices […]
The post Forward Guidance: Gasoline Price Surge to Push Inflation Rates Higher appeared first on Action Forex.
The coming week represents a rare convergence of global monetary policy decisions, with seven major central banks meeting within days of each other. The Reserve Bank of Australia, Bank of Canada, Federal Reserve, Bank of Read more…
Markets reacted to signs that the conflict with Iran could last longer than first expected. Oil was very volatile during the week. Crude briefly moved above $100 early in the week, then pulled back, but Read more…
CHFJPY currency pair is poised for more upside despite recent decline and choppy price action. How further can the long term bullish cycle continue before the next big pullback? Yen pairs have demonstrated significant bullish Read more…