Subscribe To
The CAD is the strongest and the AUD is the weakest as the NA session begins
The CAD is the strongest and the AUD is the weakest as the North American session begins. The GBP is also weaker despite higher CPI data. PPI in the UK was lower. The GBP initially moved higher on the news but then reversed lower as traders focused on the potential central bank reaction to the elevated inflation data. The Canadian dollar is stronger ahead of retail sales which are expected to rise by 0.4% versus -1.4% last month. Looking at the UK Producer Price Index (PPI), the Input index fe...
Read More
Posted: Jun 21 2023, 12:11
Author Name: forexlive
Views: 112213