A rejuvenated greenback notched May 1 highs against the loonie near C$1.22, its strongest in more than two weeks. The U.S. currency's recent decline has given way to enticing levels to pare back exposure to outperformers…
A rejuvenated greenback notched May 1 highs against the loonie near C$1.22, its strongest in more than two weeks. The U.S. currency's recent decline has given way to enticing levels to pare back exposure to outperformers such as the loonie.
Fundamental catalysts loom for the loonie on Friday when area consumer inflation and retail sales come due. Forecasts point to more volatility for the loonie with annual inflation expected to slow to 1.0 percent from 1.2 percent, and growth in consumer spending forecast to slow to 0.3 percent from 1.7 percent last time.
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…
