Quotes from Western Union:- The loonie has been the beneficiary of an improved sentiment shift as it rose in defiance of an otherwise stronger U.S. currency. - The Bank of Canada held its key interest rate steady at 0.75…
- The loonie has been the beneficiary of an improved sentiment shift as it rose in defiance of an otherwise stronger U.S. currency.
- The Bank of Canada held its key interest rate steady at 0.75 percent this week while its fairly upbeat assessment of the recovery helped douse expectations of another rate cut anytime soon.
- But even a steady rate outlook for Canada isn't likely to translate into meaningful support for the loonie, especially if America's jobs report Friday should top forecasts and put a mid-year rate hike more firmly on the table.
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…
