Thursday , 21 November 2024
Home Forex USD/CAD trades between tepid gains and losses as outlook for both currencies weighs
Forex

USD/CAD trades between tepid gains and losses as outlook for both currencies weighs

USD/CAD trades in the 1.3580s, seesawing between tepid gains and losses as both the US Dollar (USD) and the Canadian Dollar (CAD) weaken due to expectations that interest rates will fall more rapidly in both countries compared to their peers.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Australian economy – household income has collapsed back to 2009 levels

This is via Roger Wilkins, an economist at The University of Melbourne.A...

ICYMI – SEC Chair Gensler to Depart Agency on January 20

The US Securities and Exchange Commission announced on Thursday that its Chair,...

Deutsche Bank: EUR/USD could fall below parity, potentially reaching 0.95 or even lower.

A note from Deutsche Bank analysts see them warning that a full-force...

Australia preliminary manufacturing PMI November 49.4 (October was 47.3)

Australia Judo Bank / S&P Global data. Mixed bag, up for manufacturing...