federalfundsrate

CommoditiesTrader CommoditiesTrader USDCAD, D, 9 months ago
USDCAD: A Turning Point for USDCAD?
338 1 5
USDCAD, D
A Turning Point for USDCAD?
The recent risk rally has encouraged commodity currencies higher. As crude ignores the globalized downturn in economic output and ongoing "pump at all costs" mantra of producers, the Canadian dollar has hit a three-month high against the dollar. Crude aside, traders have also factored in the fact that the ...
zevgma zevgma PRO DXY, M, Short , 10 months ago
DXY: Federal Funds Rate & USD: no correlation
15 0 0
DXY, M Short
Federal Funds Rate & USD: no correlation
Everybody and his dog has been recently saying that rising Federal Funds Rate (FFR) is going to lead us to a stronger U.S. Dollar. While I'm not an economist, simply looking at what USD was doing during the same periods in the past, I can at least say, increasing FFR doesn't necessarily result in strengthening of ...
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