Logo-color Logo-white

The Canadian dollar is showing limited movement on Tuesday. USD/CAD is trading at 1.3675 in the European session, up 0.12% on the day at the time of writing. We could see some volatility in the North American session, when Canada releases the May CPI report. In the US, today’s highlights are the CB Consumer Confidence […]

The post Canadian Dollar Eyes Inflation Release appeared first on Action Forex.

previous

Bitcoin’s Attractive Drop

next

Dollar Index: Bullish Bias Above Daily Cloud, US Inflation Data in Focus

Read More

22/08/2024

Crypto Tug of War

Market picture The crypto market gained 1.7% in the last 24 hours to reach $2.14 trillion, continuing to test August’s resistance. Bitcoin rose 2.6%, while Ethereum gained 1.2%. The battle for a 10th position in the CoinMarketCap has intensified: Tron’s 5.5% drop to a cap of $13.09 billion contrasted with Cardano’s 2.5% rise to $13.17 […]
13/03/2024

UK GDP Data and Euro Area Industrial Production Figures on Today’s Menu

In focus today In the euro area, we receive industrial production figures for January. It will be interesting to see how actual production fared in January as soft indicators have shown improvements and the global manufacturing cycle has bottomed out. Also, the ECB is set to unveil its new operational framework. In the UK, at […]
22/05/2024

New Zealand Dollar Climbs after Hawkish RBNZ Announcement

The New Zealand dollar has pushed higher on Wednesday. NZD/USD is up 0.54%, trading at 0.6124 in the European session at the time of writing. The New Zealand dollar rose as high as 0.6152 (0.80%) in the Asian session after the RBNZ meeting but has pared much of these gains. RBNZ holds rates but says […]