The USD/CAD has decisively reclaimed the 1.3500 major handle for Tuesday. The US Dollar Index (DXY) is pumping higher across the entire market, bolste
is pumping higher across the entire market, bolstered by a hawkish Fed and risk aversion taking a bite out of the market's appetite for riskier assets.
US Treasury yields are knocking on multi-year highs with the 10-year Treasury yield holding above 4.5%, pushing the USD higher. US markets are increasingly concerned about a potential US government shutdown looming, knocking risk appetite even further back.On the data docket it's notably CAD-thin, leaving investors to focus almost entirely on US data for this week.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
USD/CAD consolidates its gains below the 1.3500 mark, focus on Canadian GDP, US PCE dataThe USD/CAD pair consolidates its recent gains below the 1.3500 barrier during the early Asian session on Monday. The weakening of the US Dollar (USD)
Lire la suite »
USD/CAD gains ground toward 1.3500, Canadian GDP, US Core PCE awaitedUSD/CAD consolidates with a negative bias, trading around 1.3480 during the European session on Monday. The pair is experiencing upward support on the
Lire la suite »
USD/CAD rebounds as USD Index refreshes nine-month high amid risk-on moodThe USD/CAD pair finds buying interest near 1.3460 amid sheer strength in the US Dollar. The Loonie asset aims to recapture the psychological resistan
Lire la suite »
USD/CAD trades into the low end after back-and-forth Monday action, looking for 1.3450The USD/CAD slipped a scant 0.2% for Monday, after tapping into a mild intraday high of 1.3491. The pair has fallen about 1.7% from September's peak n
Lire la suite »
USD/CAD trades sideways around 1.3460 ahead of the US consumer confidence dataThe USD/CAD pair oscillates in a narrow range during the early Asian session on Tuesday. The weakening of the Loonie is weighed by the downtick in oil
Lire la suite »
USD/CAD Price Analysis: Recovers some lost ground below 1.3500, US CB Consumer Confidence eyedThe USD/CAD pair recovers its recent losses during the early European trading hours on Tuesday. The pair currently trades near 1.3487, gaining 0.25% f
Lire la suite »