USD/CAD drops to near 1.3720 as hopes of resumption of BoC policy-tightening deepen – by Sagar_Dua24 USDCAD Fed BOC Oil DollarIndex
from the US Dollar Index and rising hopes for a resumption of a policy-tightening spell by the Bank of Canada after the release of robust Canadian Retail Sales data.
S&P500 futures have generated solid gains in the Asian session as the consideration of expanding the emergency lending program by US authorities has infused confidence among the market participants. is struggling to find strength as the street is cheering the expectations of termination in the policy-tightening spell by the Federal Reserve . The USD Index is defending the 103.00 support, however, the downside looks favored.are deepening amid rising credit tightening conditions by US banks after turmoil. Banks are having more precautions while disbursing advances. It looks like financial institutions have heavily faced the consequences of a blood fight against stubborn inflation.
Monthly Canadian Retail Sales jumped to 1.4%, higher than the consensus of 0.7%, and a flat performance observed earlier. Robust demand by Canadian households might force firms to hike prices for goods and services offered, which could propel the need for further rate hikes by theOn the oil front, the oil price is juggling in a narrow range above $69.00. The black gold is gathering strength for extending the upside as Russia can attract more sanctions.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
USD/CAD Price Analysis: Gauges cushion around 1.3700 as USD Index eyes more gainsThe USD/CAD pair is looking for an intermediate cushion around 1.3700 in the early Tokyo session. The Loonie asset is juggling in a narrow range below
Leer más »
USD/CAD slides towards 1.3700 as Oil rebounds, US Dollar struggles amid mixed moodUSD/CAD prints mild losses as it extends the late Friday’s pullback from the highest levels in eight days to 1.3730 during Monday’s sluggish Asian ses
Leer más »
What's on TV this week—Succession, Yellowjackets, and Riverdale returnPlus, Olivia Colman takes on Miss Havisham, a new Kiefer Sutherland thriller drops, and more.
Leer más »
Arizona drops series opener at ASU; Sun Devils' Luke Keaschall homers twice, drives in 5 runsA handful of bad pitches — and timely hits by Arizona State — led to a 6-5 loss by Arizona in the opening game of a three-game series at ASU.
Leer más »
Hindenburg Drops Astonishing Details on Jack Dorsey's Block, Payment Firm Fires BackJack Dorsey's payments firm Block Inc has become the latest target of Hindenburg Research.
Leer más »