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Fed’s Kashkari: slow wage growth show not at full employment

Federal Reserve's Kashkari is hitting the wires and has said that there is no evidence of us economy overheating.

Key quotes:

  • Greater downside risks to global economies, expected to slow US economy.
  • Should not tap brakes’ on us economy until we see inflation.
  • Tariffs, trade war are causing uncertainties.

USD/CAD testing the bull's commitments in lower 1.32 handle

USD/CAD is down -0.77% following a less dovish than expected Bank of Canada's on hold decision, travelling from a high of 1.3344 to a low of 1.3231. T
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EUR/USD technical analysis: Euro clings to daily gains as the London session comes to an end

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