Tuesday, 10 August 2021

USD/CAD Post-NFP Rally Vulnerable to Slowdown in US CPI

The update to the US Consumer Price Index (CPI) may undermine the recent advance in USD/CAD as inflation is expected to slow down for the first time in 2021.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...