Canada’s Consumer Price Index for July on Monday is expected to show a tick higher in headline CPI, before the latest round of U.S. Section 338 tariffs are set to take effect on Wednesday. We expect year-over-year price growth rose to 2.9% from 2.8% in June, driven by a reacceleration in energy prices. Oil prices…
EUR/USD rebounds from daily lows, challenging 100-day SMA resistance. Bullish RSI raises reversal risk after reclaiming 1.1500. Break above 1.1629 exposes 1.1685 and 1.1700 next. The EUR/USD registers gains of over 0.32% as traders face key resistance at the 100-day Simple Moving Average (SMA) at 1.1567, as bulls eye the 1.1600 psychological figure. At the…
Weak inflation and labour market figures have led to a fall in the USD index. The strength of the UK economy and the pound is most likely only temporary. The US dollar has reacted differently to the inflation data. While the slowdown in consumer price inflation led to its strengthening, a slower pace of producer…
London, LONDON, Aug. 14, 2026 (GLOBE NEWSWIRE) — LEVAFX LTD, a proprietary trading firm registered in England and Wales (Company No. 17355265), today announced the public launch of a funded-trader program designed to remove restrictive rules that have long frustrated retail traders. LEVAFX offers evaluations with no time limit, no minimum trading days, a profit…
With the event now days away, the globally regulated Forex and multi-asset broker will meet the Indian trading community in person at the Jio World Convention Centre, Mumbai, on 29 and 30 August 2026. MUMBAI, INDIA,, Aug. 14, 2026 (GLOBE NEWSWIRE) — CentFX Limited, the globally regulated multi-asset broker known for zero-spread Forex trading and…
TL;DR: The Canadian dollar’s rally has accelerated sharply this week without help from oil, built instead on blowout GDP and jobs data — but whether this reflects genuine repositioning for a Bank of Canada hike or just a weak US Dollar remains unconfirmed. A Rally That Stopped Being Quiet The Canadian dollar has been quietly…
Eurozone goods trade surplus widened from EUR 4.8B last year to EUR 8.6B in June, as exports rose 14.4% y/y to EUR 272.5B and imports increased 13.1% y/y to EUR 264.0B. EU trade surplus, however, narrowed from EUR 5.2B to EUR 3.9B, with exports up 12.5% and imports rising a slightly faster 13.5%. June figures…
On 13 August, the UK Office for National Statistics (ONS) reported that GDP growth slowed to 0.4% quarter-on-quarter in the second quarter, down from 0.6% in the first quarter. The figure was in line with expectations, and the market reaction was relatively muted. The interest-rate backdrop has also remained broadly unchanged for several weeks. On…
Heo Jang, Vice Minister of Economy and Finance, delivers opening remarks at the “Foreign Exchange Soundness Council and MSCI Task Force Meeting” held at the Bank Hall in Jung-gu, Seoul, on the 14th. Photo courtesy of the Ministry of Economy and Finance. South Korea’s daily average spot foreign exchange trading rose more than 10% after…
Image used for representational purposes. File | Photo Credit: Reuters The rupee gained 2 paise to 95.43 against the U.S. dollar in early trade on Friday (August 14, 2026), backed by a weaker greenback overseas. The Indian currency, however, remained under pressure due to the withdrawal of foreign funds from domestic equities and rising crude…