US: Employment Cost Index edges lower to 1.3% in Q2 vs. 1.2% expected

The US Bureau of Labor Statistics (BLS) reported on Friday that the Employment Cost Index was up 1.3% in the second quarter, down from 1.4% in the fir
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USD/CAD clings to recovery gains near mid-1.2800s post-US PCE/Canadian GDP

The USD/CAD pair shows some resilience below the 1.2800 mark and stages a goodish bounce from a six-week low touched earlier this Friday. The intraday
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