| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Technicals
Canada CPI grows above expectations on Gasoline prices in June
FXstreet.com (Barcelona) - Consumer prices have posted in June the largest increase in almost three years, driven by gasoline prices, according to data released by Canada Statistics.
Inflation has risen at 3.1% year on year pace in June, the largest increase since September 2005, following a 2.2% year on year increase posted in May. Gasoline prices have been the largest inflationary influence, jumping 26.9% in the 12 months to June. Excluding food and energy prices, CPI has increased 1.5% year on year.
Month on month, consumer prices have increased 0.7%, while the Bank of Canada core CPI has edged up a mere 0.1%.
USD/CAD: Dollar weakened in early US session Sep 05, 2008 9:27AM- Canadian Ivey PMI declines larger than expected in August Sep 05, 2008 9:09AM
- US Unemployment rises above expectations in August Sep 05, 2008 7:50AM
- Steve Goldman, market strategist at Weeden & Co. Sep 05, 2008 10:26AM
- Gary Thayer, chief economist with A.G. Edwards and Sons Sep 05, 2008 10:25AM
- Avery Shenfeld, senior economist at CIBC World Markets Sep 05, 2008 10:24AM
Trichet Expected to Remain Hawkish as Traders Await ECB Rate Decision
The EUR USD closed lower in New York but a late session short-covering rally helped the market regain much of its earlier loss. Traders attributed the...
nythomas1
Rpchost.com - Free Forex strategies and video training
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