Gold spiked to new record high above $2100 in early Monday, in reaction to the comments from Fed Chair Powell on Friday, who said that current level of interest rates is sufficient to complete the task in putting inflation under control and pushing it towards 2% target. Although the job was not done yet and […]
The Canadian dollar is showing limited movement on Tuesday. Early in the North American session, USD/CAD is trading at 1.3601 at the time of writing, up 0.10% today. Canada’s CPI declines more than expected Canada’s inflation rate dropped to 2% in August. This was down sharply from 2.5% in July and below the market estimate […]
The post USD/CAD Steady after Canada’s CPI Slips to 2% appeared first on Action Forex.
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