US: Inflation Turns Higher in April, as Shelter Costs Remain a Key Driver of Price Growth  

The Australian dollar against the US dollar is currently experiencing a pause in its recent upward trajectory, stabilising around 0.6525 on the H4 chart. After three sessions of gains, the currency pair is undergoing a period of consolidation, likely preparing for a return to a stable ascending trend. The slight retreat in the US dollar, […]

USDCAD is recovering following December nosedive Positive momentum is gaining traction but sustained rebound not certain yet Is this just a temporary respite? USDCAD is headed for a third straight day of gains as it recovers from Wednesday’s five-month low of 1.3176. The pair’s two-month old slide accelerated in mid-December, pushing the momentum indicators deep […]

The dollar index remains constructive and edged higher on Wednesday after data showed that US economy slipped in the first quarter against consensus for a small rise, though it showed better results from expectations of some big US banks. The greenback is still firmly negative overall, suggesting that larger bearish cycle is far from over […]