USD/CAD showed little movement last week, as the pair continues to have a quiet month of July. There is only one Canadian event on the schedule, so U.S. numbers will likely have a magnified impact on the Canadian dollar. Here is an outlook for the hig…
Author: Kenny Fisher
AUD/USD has edged lower in the Thursday session. In North American trade, AUD/USD is trading at 0.6914, down 0.22% on the day. On the release front, Australian MI Inflation Expectations remained steady at 3.3%. Australian employment numbers were mixed. The economy created 42.3 thousand in May, which marked a 9-month high. However, the unemployment rate […]
The DAX has moved higher on Thursday. Currently, the index is at 12,170, up 0.46% on the day. In economic news, German Final CPI came in at 0.2%, matching the forecast. Eurozone industrial production declined 0.5%, weaker than the estimate of -0.4%. In Germany, the auction of 5G spectrum ended, boosting some telecom companies listed […]
EUR/USD is flat in the Thursday session. Currently, the pair is trading at 1.1286, down 0.01% on the day. On the release front, German Final CPI came in at 0.2%, matching the forecast. Eurozone industrial production declined 0.5%, weaker than the estimate of -0.4%. In the U.S., unemployment claims is expected to dip to 215 […]
The New Zealand dollar is flat on Wednesday, after posting sharp losses this week. In North American trade, NZD/USD is trading at 0.6579, down 0.04% on the day. On the release front, New Zealand Visitor Arrivals declined by 3.1% in April, marking a fourth decline in the past five releases. In the U.S, the focus […]
AUD/USD is slightly lower in the Wednesday session. In North American trade, AUD/USD is trading at 0.6950, down 0.17% on the day. On the release front, Australian Westpac Consumer Sentiment declined 0.6% in June, after a gain of 0.6% in the May release. In the U.S., the focus was on consumer inflation indicators. CPI slowed to […]
The FTSE rally has taken a pause in the Wednesday session. Currently, the index is trading at 7,369, down 0.37% on the day. On the release front, U.S. inflation numbers for May were soft. CPI slowed to 0.1%, down from 0.3% in the previous release. This matched the estimate. The core reading posted a gain […]
GBP/USD is subdued in the Wednesday session. Currently, GBP/USD is trading at 1.2737, up 0.10% on the day. On the release front, U.S. inflation numbers for May were soft. CPI slowed to 0.1%, down from 0.3% in the previous release. This matched the estimate. The core reading posted a gain of 0.1% for a fourth […]
The DAX has lost ground on Wednesday, after gaining close to 1.0% on Tuesday. Currently, the index is at 12,084, down 0.60% on the day. In economic news, there are no major events out of Germany or the eurozone. In the U.S., the focus will be on consumer inflation reports for May. CPI is expected […]
USD/JPY is showing some movement on Thursday, continuing the trend seen on Wednesday. Currently, the pair is trading at 111.88, down 0.28% on the day. On the release front, the Bank of Japan maintained interest rate levels. Later in the day, Japan releases Tokyo Core CPI and retail sales. In the U.S., durable goods orders is […]