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Canada’s merchandise trade balance moved sharply into surplus territory in June after three months in deficit. June’s surplus registered at $638 million, with last month’s deficit being revised slightly lower to $1.6 billion. Merchandise exports increased by a hefty 5.5% in June, pulling the value of goods exported to the highest level since January 2023. […]

The post Canada’s Trade Position Swings to a Surplus in June appeared first on Action Forex.

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19/03/2024

RBA on Hold, Ruling Nothing In or Out

As was widely expected, the RBA Board left the cash rate on hold at its late-March meeting, at 4.35%. The language of the media release and press conference confirms that the Board is most likely on hold for a while yet. As was widely expected, the RBA Board left the cash rate on hold at […]
19/07/2024

GBPJPY Retraces Lower After Hitting 16-year High

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