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UK job data and Canada CPI in focus, GBP/CAD pressing 55 D EMA

UK job data and Canada CPI in focus, GBP/CAD pressing 55 D EMA
UK employment and Canada CPI data are the major focuses for today. BoE is clearly looking into economic data to assess how persistent inflation pressure remains. Another 25bps hike in May is still likely but that would depend on today’s job data, in particular on wages growth, as well as tomorrow’s CPI report. Meanwhile, BoC […] The post UK job data and Canada CPI in focus, GBP/CAD pressing 55 D EMA appeared first on Action Forex... Read More
Posted: Apr 18 2023, 04:24
Author Name: actionforex
Views: 102427

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