Canadian Dollar Strengthens As US Inflation Eases Amid Easing Risk Aversion on Nostr: USD/CAD Holds Ground Above 1.3650 as Oil Prices Decline =============== #722efa7d ...
USD/CAD Holds Ground Above 1.3650 as Oil Prices Decline
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#722efa7d ver:0.49
USD/CAD holds above 1.3650 as oil prices decline due to a slowing Chinese economy. However, declining US oil stockpiles may limit the downside. Traders await speeches from Fed officials while softer Canadian inflation readings raise expectations of further interest rate cuts by the Bank of Canada. Macroeconomic data releases and a strong economy are key factors impacting the Canadian dollar. #USD #CAD #oilprices #economy...
#newstr #Usd/cad #OilPrices #CanadianDollar #BankOfCanada #Inflation #InterestRates #TradeBalance #MacroeconomicData
https://here.news/story/722efa7d?ver=0.49
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#722efa7d ver:0.49
USD/CAD holds above 1.3650 as oil prices decline due to a slowing Chinese economy. However, declining US oil stockpiles may limit the downside. Traders await speeches from Fed officials while softer Canadian inflation readings raise expectations of further interest rate cuts by the Bank of Canada. Macroeconomic data releases and a strong economy are key factors impacting the Canadian dollar. #USD #CAD #oilprices #economy...
#newstr #Usd/cad #OilPrices #CanadianDollar #BankOfCanada #Inflation #InterestRates #TradeBalance #MacroeconomicData
https://here.news/story/722efa7d?ver=0.49