Fear all over - focus shifts to US inflation, BOC

Fear all over – focus shifts to US inflation, BOC

The flight to safety resumed after fresh worrying comments from Carney and further falls in commodities and stocks. The focus now shifts to North America: US inflation numbers could tilt the odds for the next Fed hike as they are focused on this right now. In Canada, the BOC is expected to cut rates, but nothing is certain. Adding oil inventories, USD/CAD is bracing itself for lots of action.

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Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

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