Canada inflation expected to slow in January as BoC mulls first rate cut
The high-impact Consumer Price Index (CPI) data from Canada will be published by Statistics Canada on Tuesday at 13:30 GMT.
Source: fxstreet.com
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EUR/USD appreciates amid weaker US Dollar, expects thin trading due to US Presidents' Day
The EUR/USD pair continues its upward momentum for the fourth consecutive session on Monday, with the US Dollar (USD) remaining subdued amid light trading due to the Presidents’ Day holiday in the United States (US).
Source: fxstreet.com
Pound Sterling advances as upbeat UK Retail Sales fade BoE rate-cut bets
The Pound Sterling (GBP) demonstrates strength in Monday’s European session as the Bank of England (BoE) is expected to hold interest rates at their current level for a longer period.
Source: fxstreet.com
EUR/USD settles back into consolidation, European PMIs loom in the week ahead
EUR/USD drifted back into median prices in thin Monday trading as the pair remains hampered below 1.0800.
Source: fxstreet.com
UK Retail Sales jump 3.4% MoM in January vs. 1.5% expected
The UK Retail Sales rebounded 3.4% over the month in January vs.
Source: fxstreet.com