Quotes from Western Union:- The loonie slumped back toward recent six-year lows, hurt by lousy news last week on the Canadian consumer and a fresh fall in oil which slipped below $50. - Friday's hefty 2 percent plunge in…
- The loonie slumped back toward recent six-year lows, hurt by lousy news last week on the Canadian consumer and a fresh fall in oil which slipped below $50.
- Friday's hefty 2 percent plunge in Canadian retail sales was the biggest in four years and seen adding more fuel to the case for the Bank of Canada to slash its lending rates.
- Canadian inflation data are due Thursday and if weaker could cement the case for another BOC rate cut when officials next meet on March 4. The current market remains highly attractive for CAD buyers who can lock in coming exposures at lower costs with forward contracts.
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…
