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Fundamental Forex Analysis

Unemployment Rate in February ticked up to 5.6% as expected

Unemployment Rate in Canada rose to 5.6% in February as expected. USD/CAD continues to cling to modest daily gains after the data. “Employment was little changed in February (+30,000 or +0.2%), and the u...

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Fundamental Forex Analysis

Annual core PCE Price Index ticked up to 1.6% in December as expected

The Fed’s preferred gauge of inflation came in at 1.6% in December. US Dollar Index continues to stay in red below 98. Inflation in the United States, as measured by the Personal Consumption Expenditures...

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Fundamental Forex Analysis

Euro area unemployment rate ticked down to 7.4% in December vs. 7.5% expected

Unemployment rate falls to 7.4% in eurozone unexpectedly.  EUR/USD pair continues to float in positive territory near 1.1020. The unemployment rate in the euro area fell to 7.4% in December from 7.5% in Novemb...