USD/CAD falls under 1,37, and initiate a recovery

FXStreet – The USD/CAD saw a strong reversal, and he fell from the 1,3745/40 days to more than 70 Pips. The Pair came under heavy selling pressure after the U.S. CPI was disappointing. The easing in inflationary pressure in the US economy, the expectations for a faster tightening of the Fed monetary policy in the […]

US CPI in April by 0.2% to

FXStreet – U.S. consumer prices rose in April compared with the previous month, as expected, by 0.2%, after a contraction of 0.3 % previously. Year-on-year basis, the CPI rose by 2.2%, which is less than the expected 2.3% and 2.4 % previously. The core consumer prices excluding the volatile components food and energy have risen […]