USD/CAD will be subject to USD specific factors next week as the Canadian dollar remains exposed to downside risk. The daily price is breaking Ichimoku cloud with 1.2966 resistance level to above for the daily primary bullish rebersal. more...
The Australian economy lost 40,900 jobs in July, the Australian Bureau of Statistics said on Thursday - well shy of forecasts that called for an addition of 25,000 jobs following the gain of 88,400 jobs in June. more...
The Federal Reserve released the minutes of its July monetary policy meeting on Wednesday, reaffirming the central bank's plans to continue raising interest rates in an effort to return inflation to its 2 percent objective. more...
Deepening the cost of living crisis, UK consumer price inflation accelerated further in July to the highest since 1982 on surging food and fuel prices, adding pressure on the Bank of England to tighten the policy again despite the looming recession. Consumer price inflation rose to 10.1 percent in July from 9.4 percent in June, the latest data from the Office for National Statistics showed on Wednesday. more...
The wage price index in Australia was up 2.6 percent on year in the second quarter of 2022, the Australian Bureau of Statistics said on Wednesday. more...
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