Search investingLive
Home
Technical Analysis
The USD is moving higher vs the EUR, GBP and JPY, but is lower vs CAD after higher CAD CPI

The USD is moving higher vs the EUR, GBP and JPY, but is lower vs CAD after higher CAD CPI

Technical Analysis
Greg Michalowski
16/05/2023 | 13:14 GMT
  • A technical look at the EURUSD, USDJPY, GBPUSD and USDCAD

In the morning forex technical report, the USD is higher vs the EUR, GBP and JPY but lower vs the CAD after Canada CPI came in stronger than expectations today.

Most Popular

Best in 2026

Sponsored

General Risk Warning
Best Forex Brokers in 2026: Detailed Comparison
Best Prop Firm in 2026: Detailed Comparison
investingLive Premium
Telegram Community
Gain Access
View more

ANZ commodity index rose 4.1% m/m in March, near record highs, as Middle East conflict drove broad gains. Dairy and aluminium led on supply fears, while NZD weakness pushed the local index to a record high.

ANZ commodity index rose 4.1% m/m in March, near record highs, as Middle East conflict drove broad gains. Dairy and aluminium led on supply fears, while NZD weakness pushed the local index to a record high.
investingLive Exclusive
1m ago

TAO up 47% YTD, targets $2.2K by 2030 (7x gain), but AI crypto risks loom.

Motley Fool
4m ago

Australia household spending rose 0.3% in Feb, but inflation pressures surged with the TD-MI gauge up 1.3% in March. Job ads fell 3.1%, pointing to softer labour demand as energy-driven cost pressures build.

Australia household spending rose 0.3% in Feb, but inflation pressures surged with the TD-MI gauge up 1.3% in March. Job ads fell 3.1%, pointing to softer labour demand as energy-driven cost pressures build.
investingLive Exclusive
4m ago

Goldman's private credit fund sees <5% redemptions, bucking sector trend. Barings caps withdrawals.

Reuters
14m ago

Japan's energy crisis hits Nikkei 225, IMF projects 0.8% growth. Oil prices surge, household bills rise.

Oilprice
20m ago

Yuan seen strengthening to 6.8/USD in Q2, defying seasonal weakness. Strong trade flows, a widening surplus and large reserves support the currency, which is increasingly viewed as a regional haven.

Yuan seen strengthening to 6.8/USD in Q2, defying seasonal weakness. Strong trade flows, a widening surplus and large reserves support the currency, which is increasingly viewed as a regional haven.
investingLive Exclusive
28m ago

SpaceX eyes $1.75T valuation in IPO, earmarking big share for retail investors. High demand expected.

Reuters
32m ago
investingLive Premium
Telegram Community
Gain Access

Best in 2026

Sponsored

General Risk Warning
Best Forex Brokers in 2026: Detailed Comparison
Best Prop Firm in 2026: Detailed Comparison

Must Read

Follow Us

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: investingLive may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2026 Finance Magnates CY Limited — Part of Ultimate Group

Read our Terms, Cookies and Privacy Notice

Manage Cookies
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}