Monthly and annual headline inflation in Canada are estimated to have risen by 0.3% and 2.7%, respectively, indicating an acceleration compared to previous readings. Core CPI, which excludes volatile food and energy prices, is projected to have...
The AUD/USD pair has regained upward momentum, once again testing the critical 0.6300 resistance level. This movement comes amid renewed weakness in the US Dollar (USD) as markets brace for the release of key US inflation data on Wednesday. The...
The New Zealand Dollar (NZD) continues to face downward pressure as the Reserve Bank of New Zealand (RBNZ) maintains its aggressive policy-easing stance. The central bank recently slashed its Official Cash Rate (OCR) by 50 basis points to 4.25% and...
The Federal Reserve is widely expected to keep its benchmark interest rate unchanged at its meeting. Despite the pause, the strong US economic outlook, persistently high inflation, and the Fed’s hawkish stance continue to bolster the US Dollar (USD)...
On Tuesday, Australian confidence indicators presented a mixed picture, reflecting the ongoing economic challenges and cautious optimism among consumers and businesses. The Westpac consumer sentiment index edged up by 0.1% in February to 92.2...
