USD/CAD ANLAYSIS Canada’s inflation report aided the loonie against the USD. Chinese GDP endorsed the crude oil rally, leaving the CAD bid for most of the European session. Key technical zone being tested with breakout potential. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team …
Canadian Inflation Reiterates BoC Outlook to Pause Rates Read More »
ECB Economic Bulletin: Main Talking Points Mixed to lower global GDP growth anticipated (Lower China activity, Russia/Ukraine effects and US slowdown) Inflation is intolerable and rate hikes will continue from the ECB in response Markets anticipate 50 bps in December and today’s US CPI print likely to influence short-term EUR/USD price action which hovers around …
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