Canadian Dollar pinned in place for Friday, ends the week down 0.4%

Share: The Canadian Dollar ended the trading week flat against the US Dollar. A Retail Sales beat sees little positive momentum for the Loonie as markets remain USD-focused. Steady Crude Oil prices aren’t hurting the CAD, but aren’t helping it either. The Canadian Dollar (CAD) is seeing some minor lift on Friday, but

Asia FX nurses steep losses as dollar firms before Powell speech By Investing.com

© Reuters. Investing.com– Most Asian currencies were muted on Thursday, nursing steep overnight losses as the dollar firmed tracking a spike in Treasury yields before a closely-watched address by Federal Reserve Chair Jerome Powell. Sentiment remained frail amid little signs of deescalation in the Israel-Hamas war, which kept traders wary of risk-driven assets. This was

Dollar Index Slips, Euro Rises Amid Fed Chair’s Dovish Remarks By Investing.com

© Reuters The experienced a 0.33% decrease on Thursday, October 19, 2023, following Federal Reserve Chair Powell’s indication of maintaining interest rates steady at the forthcoming Federal Open Market Committee (FOMC) meeting and his cautious stance towards additional policy firming. This decline was mitigated by the 10-year Treasury note yield reaching a 16-year peak and

Asia FX muted as Powell comments offer little cheer, dollar steadies By Investing.com

© Reuters. Investing.com– Most Asian currencies kept to a tight range on Friday, while the dollar steadied following somewhat mixed comments from Federal Reserve Chair Jerome Powell on the path of interest rates.  Persistent concerns over the Israel-Hamas war also kept traders largely wary of risky assets, especially amid growing fears over a bigger conflict

Japanese Yen Scoping 150 Plus as US Dollar Consolidates. Higher USD/JPY?

Japanese Yen, USD/JPY, US Dollar, JGB, Treasury Yields, BoJ, – Talking Points The Japanese Yen is looking at potential new lows against USD JGB yields have moved higher, but Treasury yields have done more lifting The BoJ meets later this month. If they modify policy, will USD/JPY rally? Recommended by Daniel McCarthy Get Your Free

US Dollar (DXY) Driven Higher by Soaring Bond Yields, Fed Chair Powell Up Next

US Dollar Forecast (DXY), USD/JPY – Prices, Charts, and Analysis 10-year US Treasury yields a whisker away from 5.0%. Chair Powell speaks at the Economic Club of New York. USD/JPY remains below 150.00. Download our Brand New Q4 US Dollar Outlook Recommended by Nick Cawley Get Your Free USD Forecast Sellers are in complete control