img CDN
img AUS
img NZ
Call us now: 1.844.363.7297
imgOnline Dealing Login

Market Update

EncoreFX’s daily market updates are written by our experienced and professional dealing team.

USD Surges on Disappointing Canadian Inflation Data

Published June 23, 2017
  • CAD weakens, USD surges on disappointing Canadian inflation data
  • Markets will absorb remarks from several Federal Reserve policymakers today as they look to gauge the future direction of US monetary policy in an economy marked by muted inflation
  • Oil bounces back slightly but still on pace for a weekly loss due to persisting supply concerns