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Baystreet.ca - - US expected to have added 200,000 jobs in November, Unemployment rate 4.2%. - Canada forecast to have gained 25,000 jobs vs 14,500 in October. - US dollar idling ahead of key...
Baystreet.ca - - Fed Powell preaches patience - Market focus shifts to US jobs data on Friday. - US dollar drifts lower in quiet session. USDCAD: open 1.4059, overnight range,1.4055-1.4080, close...
Baystreet.ca - - French and South Korean politics boost risk aversion sentiment. - Fed Chair Powell speaking in NY today. - US dollar gets a safe-haven boost. USDCAD: open 1.4066, overnight...
Baystreet.ca - - JOLTS data on tap. - Fed rate cut odds rise to 72%. - US dollar opens modestly softer after quiet session overnight. USDCAD: open 1 .4038, overnight range,1.3991-1.4049, close 1.4027,...
Baystreet.ca - The Donald Trump show is returning for a four-year term beginning January 2025, but for all intents and purposes, he is driving all market activity now. Traders forgot about the Fed...
Baystreet.ca - - Trump haunting markets - US ISM PMI on tap - US dollar resumes rally after Friday’s sell-off. USDCAD: open 1.4038, overnight range,1.3991-1.4049, close 1.4027, WTI $68.68, Gold,...
Baystreet.ca - Canada’s economic growth slowed to an annualized 1% in this year’s third quarter, a marked decline from growth of 2.2% registered in the previous second quarter. The...
In recent weeks, the Canadian dollar has been under considerable pressure, weakening past the 1.4 per USD mark and inching closer to its mid-2020 low of 1.41, which was last observed on November...
By Arriana McLymore NEW YORK (Reuters) -U.S. holiday shoppers have big plans to use small screens for a head start this year on Thanksgiving Day, and retailers have spent weeks priming them, touting...
By Promit Mukherjee OTTAWA (Reuters) - Canada's economy grew at an annualized rate of just 1% in the third quarter, less than what the Bank of Canada had predicted, prompting currency markets to boost...
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