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Summary Today’s release of Canada’s September CPI offers a decisive data point, in our view, that should see the Bank of Canada (BoC) step up the pace of monetary easing next week. In addition to headline inflation surprising to the downside, broader underlying inflation pressures also remained contained. With activity data subdued overall, and with […]

The post An Easier Path For Bank of Canada Monetary Policy appeared first on Action Forex.

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27/06/2024

WTI Crude Oil Moves Sideways in Near Term

WTI crude oil fails to rally above 81.90 RSI and MACD remain above mid-levels WTI crude oil has been on the sidelines for the most part of the week as the 81.90 level seems to be a real struggle for the bulls. Technically, the price could gain some ground in the short-term as the RSI is changing […]
06/12/2023

EUR/GBP: Hits New Multi-Month Low, But Oversold Studies Continue to Obstruct Bears

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09/07/2024

EUR/USD Holds Firm Amid Weakening Dollar and Rate Cut Expectations

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