The Canadian economy grew by 0.2% month-on-month (m/m) in July after June’s flat reading. This print landed ahead of Statistics Canada’s advanced guidance and consensus expectations. Early guidance from Statistics Canada points to no growth in August. May’s reading was broad-based, with output expanding in 13 of 20 industries. Growth in services-producing industries (0.2% m/m) […]
GBPUSD starts a new bearish wave but maintains broad uptrend Technical signals reflect appetite for more selling; eyes on 1.310b GBPUSD resumed its negative momentum during Tuesday’s early European trading hours, crossing below the steep support trendline, which had been curtailing the pullback from the two-and-a-half year high of 1.3265 over the past two trading […]
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