Canada: Industrial Product Price flat in May

Fxstreet.com (Edinburgh) - Canadian Industrial Product prices posted no variation in May, bettering April’s contraction of 0.9% and below expectations at 0.1%. The Raw Material Price Index rose 0.2% in the same period, missing forecasts at 0.6% albeit up from April’s 2.4% contraction.

Jun 28, 2013

EUR/GBP creeping into 0.8580

EUR/GBP has continued to test the upside although at a slow grinding pace and still shy of overnight highs. The pair benefited most recently from German CPI and the Harmonised Index of Consumer prices, both printing better than expectations and previous yoy’s. German CPI came as 1.8% vrs 1.5% previous and Harmonised Index came as 1.9% vrs 1.6% previous and 1.8% consensus.

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Jun 28, 2013

USD/CAD indifferent after GDP

The USD/CAD attempted a short-lived knee-jerk to the area of 1.0465/70 on Friday, after the GDP figures matched the median...

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