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By Saqib Iqbal Ahmed NEW YORK (Reuters) -Traders gauging how to play further downside in the U.S. dollar are looking to the relative strength of economies around the world, as interest rate shifts...
By Fergal Smith TORONTO (Reuters) - The Canadian dollar is forecast to extend its recovery against its U.S. counterpart in the coming year as lower borrowing costs bolster economic growth in Canada...
Baystreet.ca - - Loonie lagging commodity currency bloc gains. - Fed Powell pushes back against 50 bp rate cut speculation. - US dollar rebounds against majors except against antipodeans. USDCAD: open...
Baystreet.ca - - Canada’s economy expected to have grown minimally in July. - US Core-PCE-Price Index forecast unchanged at 0.2% m/m - US dollar trades modestly lower compared to yesterday- JPY...
Baystreet.ca - - Today’s US data could roil FX markets. - Oil prices slide. - US dollar little changed from Wednesdays closing levels. USDCAD: open 1.3470, overnight range 1.3460-1.3487, close...
Baystreet.ca - - Loonie soars as CAD/US interest rate spreads widen. - China cuts its 1-year Medium Term Rate. - US dollar consolidating yesterday’s losses USDCAD: open 1.3438, overnight range...
Baystreet.ca - - Risk sentiment improves after another Chinese stimulus push - Weak German data weighs on EUR - US dollar opens steady but under pressure. USDCAD: open 1.3510, overnight range...
Baystreet.ca - - China rate cut improves risk sentiment. - Eurozone and UK PMI data is disappointing. - US dollar trading lower vs commodity currency bloc but higher against Europe. USDCAD: open...
Baystreet.ca - - Canada Retail Sales ahead - Central Banks in China and Japan leave rates unchanged. - US dollar attempting to stem recent losses. USDCAD: open1.3573, overnight range 1.3553-1.3577,...
Baystreet.ca - - FX markets churn post-FOMC decision. - Bank of England stays the course-leaves rates unchanged - US dollar trading with a small bid after overnight price swings. USDCAD: 1.3538,...
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