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Hotter than forecast core Canadian CPI sends USD/CAD below 1.4200
The February Canadian CPI report has just been released and it has exactly matched expectations, rising by 0.1% on the month and by 1.9% on the year. The core rate is a little hotter though, at 2.7% annualised and that has pushed the CAD higher. Prior to this data the USD/CAD has lifted back above 1.4210. The impact of that core rate increase above consensus has pushed back below the 1.42 handle again. The USD/CAD is right now at 1.4195
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EUR/USD rebounds into the 4pm London fix after Bundestag passes fiscal reform bill
The EUR/USD is on the rebound again just now. The gains come after it had earlier fallen to 1.0893. Subsequent to that fall the German Bundestag... -
US stock markets open lower this afternoon- check out the S+P 500 futures
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
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Gold rises above technical resistance to set a new record high this afternoon
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
