U.S. Dollar Rallies As CPI Exceeds Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
2 Articles
2 Articles
USD/CAD Technical Analysis: Loonie Slips Toward 1.4200
A Tough Week for the Loonie The Canadian dollar (CAD) has been under a lot of strain again. The USD/CAD hit around 1.4170 on Tuesday. This was the highest price for the CAD since Oct. 16. There were two main factors that led to the rise. First, the U.S. inflation data came in above what most expected. Second, crude oil prices have fallen. West Texas Intermediate (WTI) is now trading at approximately $84 per barrel, down more than 15 percent […] …
U.S. Dollar Rallies As CPI Exceeds Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
USD/JPY 101126 4h Chart USD/JPY climbed above the important 158.50 level as traders focused on U.S. inflation data and reacted to the Household Spending report from Japan. The report indicated that Household Spending declined by -2.8% month-over-month in September, compared to anlayst forecast of +0.3%. On a year-over-year basis, Household Spending decreased by -6.8%. If [...]
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium



