The Canadian Dollar (CAD) perked up notably overnight on news that PM Trudeau may resign this week. Reports suggesting President-elect Trump might moderate plans for a broad application of tariffs have added to gains, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Related Articles
Australian CPI data “raise the risk the RBA will begin its easing cycle earlier than May”
The data is here:Australian November CPI 2.3% y/y (vs. expected 2.2%)More:AUD/USD towards...
Onshore yuan falls to its weakest since September 2023
CNY is China's onshore yuan. USD/CNY has hit its highest since September...
Former Bank of Japan Governor Kuroda predicts more rate hikes
The Bank of Japan (BOJ) is expected to continue raising interest rates...
PBOC sets USD/ CNY mid-point today at 7.1887 (vs. estimate at 7.3435)
The People's Bank of China (PBOC), China's central bank, is responsible for...
Leave a comment