The Bank of Canada hiked rates by 25bps yesterday with the Canadian Dollar finding renewed impetus to push on. Will USD/CAD reach the 1.3000 psychological level?
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The Bank of Canada hiked rates by 25bps yesterday with the Canadian Dollar finding renewed impetus to push on. Will USD/CAD reach the 1.3000 psychological level?
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Yesterday’s lower than expected headline and core CPI data emboldened markets to take a bearish view on the dollar, lifting US stocks to a new yearly high
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Oil prices recent rally has run into some technical headwinds with US data later today likely to be key once more. Can Oil prices sustain recent gains and head higher?
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Non-yielding gold got a boost from news that the Fed seems to be winning its war on inflation.
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Indices worldwide were given a lift by US inflation data yesterday, which showed a slower pace of price growth, easing the pressure on the Fed to raise rates again.
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