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Add as a preferred source on GoogleFactors that pushed CAD lower have turned around lately, particularly the 20% rise in WTI, reducing CAD's overvaluation.The BoC is comfortably on hold with oil prices close to their forecasts. This reduces near-term cut …
Factors that pushed CAD lower have turned around lately, particularly the 20% rise in WTI, reducing CAD's overvaluation.
The BoC is comfortably on hold with oil prices close to their forecasts. This reduces near-term cut risks, a key CAD driver.
"We lower our USD-CAD forecasts to 1.27 for year-end 2015 and 1.21 for 2016 (from 1.30 and 1.23, respectively)." - said BofA Merrill Lynch
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
