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Tag: US FOMC Member Loretta Mester

EUR/USD – Euro Trading Sideways on Lack of Eurozone Data

EUR/USD is showing little movement in the Thursday session. Currently, the pair is trading at 1.1817, up 0.07% on the day. On the release front, there are no German or eurozone indicators. In the U.S, there are two key events, which could impact on the movement of EUR/USD. The Philly Fed Manufacturing Index is expected to […]

USD/CAD – Canadian Dollar Gains Ground, US Retail Sales Ahead

The Canadian dollar has started the week with gains. Currently, USD/CAD is trading at 1.2756, down 0.34% on the day. On the economic front, Canada releases key jobs data. The economy is expected to add 17.8 thousand jobs, compared to 32.3 thousand a month earlier. The unemployment rate is expected to remain steady at 5.8 percent. In […]

EUR/USD – Euro Gains Ground, Markets Look Ahead to Eurozone, Germany GDP

EUR/USD is unchanged in the Monday session. Currently, the pair is trading at 1.1981, up 0.33% on the day. It’s a very quiet start to the day, with no eurozone or U.S indicators on the schedule. The sole U.S event is a speech from FOMC member Loretta Mester. On Tuesday, there are two key events […]

USD/CAD – Canadian Dollar Unchanged Ahead of CPI

The Canadian dollar is drifting in the Friday session. Currently, USD/CAD is trading at 1.2707, up 0.01% on the day. On the release front, Canada will release a host of CPI indicators, led by CPI. This key indicator is expected to rebound with a gain of 0.4% in January. In December, CPI declined 0.4%, its first […]

EUR/USD – Euro Steady as German GDP, Eurozone CPI Match Forecasts

The euro has ticked lower in the Friday session. Currently the pair is trading at 1.2313, down 0.14% on the day. On the release front, German Final GDP dipped to 0.6% for the fourth quarter, matching the estimate. The markets also correctly predicted eurozone inflation reports, as Final CPI and Final Core CPI came in […]

USD/CAD – Canadian Dollar Trading Sideways

The Canadian dollar continues to have an uneventful week. In the Tuesday’s session, the pair is trading at 1.2587, up 0.07% on the day. On the release front, there are no Canadian indicators on the schedule. In the US, the sole indicator is the NFIB Small Business Index, which improved to 106.9, above the estimate […]