Currencies (Forex)

Inflation in Canada remains excessively high – What does this mean for the Canadian dollar? The Canadian CPI print proved what the markets already thought, which is that inflation will keep going up and force the Bank of Canada to raise rates even more. Toni Gravelle of the Bank of Canada said last week that […]

The Turkish lira fell another 2% against the US dollar, making it the 9th day in a row that it did so. Oil producers were happy when oil prices went up, but almost everyone else, including Turkey, was unhappy. One of its side effects is inflation, which keeps going up around the world. Turkey has […]

If you’re worried about how inflation will affect your spending, you can take a deep breath for another month because April’s retail sales numbers were strong. The headline number for April print retail sales was 0.9 percent, which was lower than the expected 0.9 percent and higher than March’s 1.4 percent (which was revised up […]