CAD buyers may want to reduce more of the coming exposure with the loonie holding near six-year lows. The loonie had steadied recently thanks to the U.S. dollar side of the equation and its pullback from multiyear peaks …
CAD buyers may want to reduce more of the coming exposure with the loonie holding near six-year lows. The loonie had steadied recently thanks to the U.S. dollar side of the equation and its pullback from multiyear peaks on caution ahead of the Fed.
Still, the gravitational pull of weaker oil prices (at six-year lows below $43) and weaker than expected Canadian factory data (manufacturing sales sank 1.7 percent in January) weighed on the Canadian unit.
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…