Canadian Dollar Forecast: BoC Tapering Bets to Buoy CAD Against JPY, USD, EUR

A flurry of better-than-expected economic data may intensify Bank of Canada tapering bets and open the door for the Canadian Dollar to continue outperforming the US Dollar, Euro, and Japanese Yen.

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Gold Prices Hold Up, Crude Oil Higher as Yellen Defies Inflation Fears

Gold prices held Friday’s gains while crude oil prices climbed after US Treasury Secretary Janet Yellen said that US inflation risks remain small and manageable.

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US Dollar Outlook: USD/SGD, USD/THB May Rise on Fed, USD/IDR Eyeing Bank of Indonesia

The US Dollar could rise versus the Singapore Dollar and Thai Baht if the Fed remains sanguine about rising Treasury yields. Bank of Indonesia may step in to keep USD/IDR in check.

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