Forex
globalreutersJune 26, 20241 Mins read
USD/CAD recovers at Fed rate-setters’ reluctance to endorse interest-rate cuts
globalreutersJune 26, 20241 Mins read USD/CAD edges higher on Wednesday, trading in the 1.3680s as the US Dollar (USD) firms up on commentary from several Federal Reserve (Fed) rate-setters, that overall suggests the US central bank is reluctant to cut its main interest rate, the Fed Funds rate, due to insufficient progress being made on lowering inflation.
Related Articles
Barclays says a Fed rate cut still expected in 2025, but the risks of no cut is rising
The data from the US on Wednesday is here:Forexlive Americas FX news...
About 75,000 workers have accepted Trump’s buyout program
Reuters with the info. 75k lopped from the workforce will be a...
Reserve Bank of New Zealand inflation expectations: 1yr 2.15% (prior 2.05) 2yr 2.06 (2.12)
Reserve Bank of New Zealand more to come This article was written...
Hong Kong’s ‘central bank’ says the PBOC will issue yuan sovereign bonds in HK
The Hong Kong Monetary Authority (HKMA) functions as HK's central bank.Says the...
Leave a comment