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Trading the News: Canada Consumer Price Index (CPI) Another downtick in Canada’s headline & core Consumer Price Index (CPI) may push USD/CAD to fresh weekly highs as it puts pressure on the Bank of Canada (BoC) to further embark on its easing cycle. What’s Expected: Why Is This Event Important: Even though BoC Governor Stephen Poloz largely endorses a wait-and-see approach for monetary policy, ...
Trading the News: U.K. Jobless Claims Change Even though U.K. Jobless Claims are projected to increase 4.0K in June, another pickup in household earnings may generate a bullish reaction in GBP/USD as it highlights an improved outlook for growth and inflation. What’s Expected: Why Is This Event Important: Signs of stronger wage growth may prompt the Bank of England (BoE) to retain its current ...
Trading the News: U.K. Consumer Price Index (CPI) GBP/USD may stage a larger recovery over the next 24-hours of trading as market participants forecast the headline & core U.K. Consumer Price Index (CPI) to uptick in July. Indeed, signs of stronger inflation may undermine expectations for a material shift in the monetary policy outlook amid the rift within the Bank of England (BoE). What’s Expected: Why Is ...
Inflation in New Zealand was up 0.4 percent on year in the second quarter of 2016, Statistics New Zealand said on Monday. NZD/USD M5: 54 pips price movement by New Zealand CPI news event more...
Industrial production in China jumped 6.2 percent on year in June, the National Bureau of Statistics said on Friday. more...
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