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It will be another central-bank-heavy week with the RBA, SNB and BoE None are expected to cut but there’s room for surprises Retail sales will be the highlight in the United States Plenty of other data also on the way, including flash PMIs and UK CPI RBA is in a pickle The Reserve Bank of […]

The post Week Ahead – RBA, SNB and BoE Next to Secide, CPI and PMI Data Also on Tap appeared first on Action Forex.

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01/07/2024

EUR/USD Rises Towards 1.076

Markets Core bonds sold off into the final trading hours last Friday. We didn’t spot an obvious reason underpinning the move. Economic data (US PCE deflators, national inflation figures of certain EU member states) printed bang in line with expectations. But a looming weekend full of event risk (first round of French parliamentary elections) coinciding […]
21/05/2024

Gold Price Reaches Historic High

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16/07/2024

USD/CAD Steady After Canadian CPI, US Retail Sales

The Canadian dollar is showing limited movement on Tuesday. In the North American session, USD/CAD is trading at 1.3687, up 0.03% on the day at the time of writing. Canada’s CPI lower than expected Canada followed the US and posted a better-than-expected inflation report for June. The annual inflation rate fell to 2.7% in June, […]