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Baystreet.ca - - Trump reiterates universal tariffs. - Equities attempting to recoup yesterday’s losses. - USD rallies against all the majors-JPY is the weakest. USDCAD: open 1.4413, overnight...
Last week, Citi announced a significant shift in its stance on the U.S. dollar, moving from a bullish position to a neutral one. The change in view was prompted by an anticipated pullback of the USD,...
Baystreet.ca - - Canadian dollar awaiting BoC and tariffs. - Risk aversion rises on tariffs and AI - USD trading with mixed bias USDCAD: open 1.4359, overnight range 1.4340-1.4402, close 1.4345, WTI...
Baystreet.ca - Futures tied to Canada's main stock index fell on Monday, joining the global market rout, as investor confidence in artificial intelligence-linked stocks was shaken by the rising...
On Monday, Bank of America (NYSE:BAC) (BofA) economists forecasted that the Bank of Canada (BoC) will reduce its overnight policy rate target by 25 basis points on January 29, setting the rate at 3%....
By Anna Hirtenstein LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in...
Investing.com-- The Mexican peso weakened sharply on Sunday, while the Canadian dollar softened amid heightened fears that U.S. President Donald Trump will deliver on his tariff threats, after he...
Baystreet.ca - - Loonie consolidates gains following Trump’s Davos speech. - Trump tells Opec to lower prices. - USD falls sharply on improved risk sentiment. USDCAD: open 1.4328, overnight...
By Hannah Lang and Trevor Hunnicutt (Reuters) -U.S. President Donald Trump on Thursday ordered the creation of a cryptocurrency working group tasked with proposing new digital asset regulations and...
Baystreet.ca - Yesterday’s Canadian dollar rally ended abruptly when US Treasury yields started rising which sparked a sharp jump in the Canada/US 10-year yield spread. It widened -131 today...
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