Sterling jumps broadly today after much stronger than expected consumer inflation data, that raises the chance that BoE will “have to act” on interest rates soon. On the other hand, Canadian Dollar shrugs off strong, but inline with expectation CPI. Dollar is still among the strongest for the week, but it’s apparently taking a breather […]

The post Sterling Jumps on Strong CPI, Euro Selloff Continues appeared first on Action Forex.

Continue Reading

Previous: Dollar Extends Rally as Focus Turns to UK and Canada CPI
Next: NZD Rises Mildly on Firm RBNZ Rate Expectations, Euro Still Pressing Key Support

Related Stories

shutterstock_1175858854 Sentiment Turns Risk-On as Fed Talks Down 50bps Hike, Dollar Staying Soft 1 min read
  • Market & Economy

Sentiment Turns Risk-On as Fed Talks Down 50bps Hike, Dollar Staying Soft

Jonathan Gonzalez 5 months ago
accounting-analytics-balance-209224 Dollar Drops Broadly on Positive Market Sentiment, Reversing? 1 min read
  • Market & Economy

Dollar Drops Broadly on Positive Market Sentiment, Reversing?

Jonathan Gonzalez 5 months ago
shutterstock_1293389239 Aussie Dips Mildly on Cautious RBA, Dollar Paring Gains 1 min read
  • Market & Economy

Aussie Dips Mildly on Cautious RBA, Dollar Paring Gains

Jonathan Gonzalez 5 months ago
A hospital bill for $36,000 with a line item of various charges is photographed with a very shallow depth of field. A credit card and a ballpoint pen rest out of focus in the background. Euro Rebounds as German Benchmark Yield Turns Positive, Aussie Firmer ahead of RBA 1 min read
  • Market & Economy

Euro Rebounds as German Benchmark Yield Turns Positive, Aussie Firmer ahead of RBA

Jonathan Gonzalez 5 months ago
Money-stethoscope-healthcare-billing-960x540 RBA, BoE and ECB to Meet; US ISMs and NFP Featured This Week 1 min read
  • Market & Economy

RBA, BoE and ECB to Meet; US ISMs and NFP Featured This Week

Jonathan Gonzalez 5 months ago
shutterstock_1293389239 Dollar Skyrockets on Hawkish Fed, Sterling Trailing Behind 1 min read
  • Market & Economy

Dollar Skyrockets on Hawkish Fed, Sterling Trailing Behind

Jonathan Gonzalez 5 months ago
  • Contact Us
  • About Us
  • Privacy Policy
  • Terms and Conditions
Menu
  • Contact Us
  • About Us
  • Privacy Policy
  • Terms and Conditions