Jackson Hole Economic Symposium: Must-Watch Market Event

USDCAD rises after cooler than expected Canadian inflation A break above 1.3605 could signal uptrend continuation For the outlook to turn bearish, a dip below 1.3455 may be needed USDCAD rose yesterday after the Canadian CPI numbers came in lower than expected. However, the pair found resistance near the key barrier of 1.3605 that’s been preventing […]

The RBA revised up its near-term inflation forecast in November and delivered one of the “one to two” rate increases assumed in their forecasts. Not enough new information has come to hand since then to warrant delivering a second increase just yet. The monthly CPI indicator is volatile, but the October reading was a bit […]

Focus on NZDUSD! Exciting trading possibilities are just around the corner. The NZDUSD pair is usually called the “Kiwi,”. It denotes the exchange rate between the New Zealand dollar and the US dollar. It is usually regarded as one significant indicator of the economic activities between New Zealand and the United States. Commodity prices, tourism, […]