Category forex

USD Weakens Against CAD

USD/CAD pair falls to 1.3910 on eased Fed rate hike bets The US Dollar weakened against the Canadian Dollar as cooled US inflation data tempered aggressive Federal Reserve rate-hike bets. The US July Retail Sales report will be in the spotlight later on Friday. T

France Inflation Holds Steady

France July CPI rises 2.1% year-over-year France's final consumer price index for July increased 2.1% from the same period last year. The prior year-over-year increase was 1.8%. The July final harmonized index of consumer prices also rose 2.4% year-over-yea

NZD/USD Rises as RBNZ Rate Hike Bets Persist

Traders price in a Reserve Bank of New Zealand rate increase next month despite softer economic data, lifting the Kiwi Dollar. NZD/USD climbed to 0.5870 in early European trading, recovering from four consecutive sessions of losses. The gain follows sustained expectations