FOREX

UK wages continue to rise and inflation of Canada

#Markets #Economy #Inflation #USD/CAD #GBP/USD UK labor market data was released today. On the positive side, unemployment rose from 3.7% to 3.8% and the change in jobless claims in March was at pre-pandemic levels. But at the same time the average number of people employed over the last three months has risen. Most importantly, average […]

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📈EURUSD could not overcome the support level

#Forex #Trading #EURUSD #Markets My fears about a further decline in the EURUSD pair, which I described on Friday, were confirmed. The price could not overcome the level of 1.0550 – 1.0590, and the breakdown that happened on Friday turned out to be false. Following the results of trading on Monday, the price returned again […]

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Key Economic Events (Oct. 17-21), GBP/USD: Can the Pound Hold the Bulls?

#forex #GBP/USD #forex trading #economicevents Key economic events: Monday (October 17, 21:45 GMT): New Zealand Consumer Price Index for the quarter. Forecasts for Q3 CPI data are down from last quarter. to 1.5% versus 1.7%, respectively. At the same time, inflation expectations are also down from 7.3% to 6.6%. Whether members of the Reserve Bank […]

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