Western Union notes:The loonie made little headway Friday though it was on track for a week of gains against the greenback. An uptick in oil to above $60 helped the commodity-linked loonie, finding further support in the…
The loonie made little headway Friday though it was on track for a week of gains against the greenback. An uptick in oil to above $60 helped the commodity-linked loonie, finding further support in the greenback's generally down week.
Canada's currency remains on vulnerable ground however with commodity currencies seen vulnerable to New Zealand's earlier than expected move to slash borrowing rates.
Should America's central bank next week start to prepare markets for a U.S. rate hike at a coming meeting, the loonie would be susceptible to slipping since its central bank isn't expected to lift rates for a while yet.
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…
