Canada's inflation slows down as expected in May

Economies.com
2023-06-27 12:42PM UTC

Canada's consumer prices rose 3.4% y/y in May, slowing down from 4.4% in the previous reading, and matching expectations.

 

Core prices, excluding food and energy, rose 3.7%, below estimates of 3.9%, and down from 4.1% in the previous reading. 

Forex and Currency News

USD/JPY news

Forex

Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex News

Forex

Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
AUD/USD news

Forex

Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price presses on the key support ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
GBP USD Analysis

Forex

The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...