Breaking news: Loonie rises sharply as Canadian inflation surprises on the upside

The US Dollar is trading down 0.6% at around 1.3080 against the Canadian counterpart with a knee-jerk reaction to 1.3069 after Bank of Canada inflation rose 1.6% y/y, up from 1.3% expected.

Aug 17, 2018

PBoC: Interest rate stabilises from further downward pressure - ING

According to Iris Pang, Economist at ING, the People's Bank of China would like to lower the interest rate to cushion against potential adverse impact

GBP/USD Technical Analysis: Extreme oversold condition makes bulls more bullish and bears less bearish

GBP/USD 15-minute chart GBP/USD daily chart Spot rate: 1.2721 Relative change: 0.09% High: 1.2750