Tag Archive: US Federal Budget Balance

Gold Hugging $1300, Investors Await Fed Hike

Gold has posted slight losses in the Tuesday session. In North American trade, the spot price for one ounce of gold is $1297.56, down 0.20% on the day. On the release front, consumer inflation numbers were within expectations. CPI remained pegged…
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GBP/USD – Unemployment Claims Sparkle But Pound Yawns

The British pound is unchanged in the Tuesday session. In North American trade, GBP/USD is trading at 1.3389, up 0.05% on the day. On the release front, Britain released key employment numbers. Wage growth edged down to 2.5%, matching the…
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USD/CAD – Canadian Dollar Edges Lower, US Consumer Inflation Meets Expectations

The Canadian dollar continues to lose ground this week. On Tuesday, USD/CAD is trading at 1.3014, up 0.28% on the day. On the release front, there are no Canadian events. In the US, consumer inflation numbers were within expectations. CPI…
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EUR/USD – Euro Shrugs off Dismal German Confidence Report

EUR/USD continues to have a quiet week. On Tuesday, the pair is trading at 1.1792, up 0.05% on the day. On the release front, German ZEW Economic Sentiment posted a dismal reading of -16.1 points, missing the estimate of -14.6…
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GBP/USD – British Pound Loses Ground as BoE Maintains Rates

The British pound has lost ground on Thursday, after showing little movement during the week. In the North American session, GBP/USD is trading at 1.3480, down 0.49% on the day. On the release front, it’s a busy day on both sides…
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USD/CAD – Canadian Dollar Hits 3-Week High on Strong Oil Prices

The Canadian dollar continues to improve and has posted considerable gains in the Thursday session. In the North American session, USD/CAD is trading at 1.2770, down 0.66% on the day. On the release front, the focus is on inflation indicators on both sides…
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EUR/USD – Euro Steady in Holiday-Thin Trade, US Consumer Inflation Next

EUR/USD is showing little movement in the Wednesday session. Currently, the pair is trading at 1.1884, up 0.27% on the day. In economic news, German and French banks are closed for a holiday. ECB releases an economic bulletin, and the…
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