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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,...
The U.S. housing market took a slight hit as Existing Home Sales, a key indicator of the overall economic strength, fell below the forecasted number. The latest data shows that the annualized number...
Baystreet.ca - - Canada CPI hits BoC target - Markets on hold until FOMC meeting results at 2:00 pm - US dollar opens little changed from close but lower from yesterday. USDCAD: open 1.3586, overnight...
Investing.com -- The U.S. Federal Reserve’s imminent loosening cycle is expected to ripple through the Gulf economies, as these nations' central banks are compelled to follow the Fed’s lead due to...
Citi analysts pointed out that Canada's Headline Consumer Price Index (CPI) decline of 0.2% month-on-month in August, aligning with a year-on-year return to 2.0%, was unexpected and below both its and...
By Promit Mukherjee OTTAWA (Reuters) -Canada's annual inflation rate reached the central bank's 2% target in August, its lowest level since February 2021, data showed on Tuesday. The closely watched...
Baystreet.ca - - Odds of 50 bp Fed rate cut rise. - Russia expels 6 UK diplomats - US dollar trading defensively. USDCAD: open 1.3573, overnight range 1.3565-1.3585, close 1.3579, WTI $69.83, Gold,...
Baystreet.ca - - ECB rate cut to be followed by cautious guidance. - US data includes weekly jobless claims and August PPI - US dollar trading sideways despite improved risk sentiment. USDCAD: open...
Baystreet.ca - - US CPI data overshadows debate. - USDJPY gives back all of its 2024 gains. - US dollar retreats modestly, post-debate. USDCAD: open 1.3588, overnight range 1.3556-1.3579, close...
Baystreet.ca - - China trade surplus soars on export increase. - UK employment numbers support GBPUSD - US dollar trading sideways with slight bid. USDCAD: open 1.3569, overnight range 1.3556-1.3579,...
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