Western Union notes:
A steady Canadian dollar kept within a few pennies of multi-month lows against its U.S. counterpart. Oil firmed but remained below $60, offering little support to the loonie.
USD/CAD could break out of a relatively confined range with the Fed due to render an important policy decision Wednesday and key numbers on the Canadian consumer due Friday.
Commentary
CAD review
Western Union notes:A steady Canadian dollar kept within a few pennies of multi-month lows against its U.S. counterpart. Oil firmed but remained below $60, offering little support to the loonie. USD/CAD could break out o…
Related articles
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
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…
FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)
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…
U.S. personal income and spending rose less than expected in August
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…
