EUR/USD Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.1584; (P) 1.1623; (R1) 1.1646; More… Intraday bias in EUR/USD remains mildly on the downside as…
Category: Currency Analysis
Canada: Retail Sales Rebound in June, But Lose Steam in July
[ad_1] Retail sales rose 1.5% month-on-month (m/m) in June, just a tad lower than Statistics Canada’s 1.6% advanced estimate. After…
Weekly Focus – European Industry Grows for the First Time in Three Years
[ad_1] This week’s main data highlights were the PMI reports for August. In the euro area, the report showed the…
Canada’s Q2 GDP Growth Flat as Household Spending Offsets Trade Weakness
[ad_1] Canada’s gross domestic product report next Friday is expected to show zero growth in Q2─a sharp cooling from the…
Chair Powell Signals FOMC Bias to Easing, Leaving the Door Open to September Cut
[ad_1] At the Federal Reserve Bank of Kansas City’s Jackson Hole Economic Symposium, Fed Chair Jerome Powell delivered a much-anticipated…
Week Ahead – US GDP and PCE Data to Mark a Relatively Light Week
[ad_1] Accelerating US PCE could weigh on Fed rate cut bets. Euro traders eye CPI data from Italy, France and…
Sunset Market Commentary – Action Forex
[ad_1] Markets Fed chair Powell’s long-awaited speech in Jackson Hole highlights that the balance of risks between the Fed’s price…
Powell’s subtle Jackson Hole signal: Risk balance my warrant Fed shift; Dollar sinks
[ad_1] Dollar fell sharply after Fed Chair Jerome Powell hinted that the case for rate cuts may soon strengthen. Speaking…
Dollar Index Keeps Firm Tone Ahead of Powell’s Speech
[ad_1] The dollar index stood at the front foot and hit three-week high on Friday morning, as improved sentiment on…
Fed’s Collins stresses balance between inflation and jobs
[ad_1] Boston Fed President Susan Collins said on Bloomberg TV that while U.S. growth has shown signs of slowing, the…