The Canadian dollar is trading quietly on Friday. In the European session, USD/CAD is trading at 1.3171, almost unchanged.
It has been a busy week in the currency markets, with the US dollar rebounding and posting strong gains against the major currencies. The notable exception has been the Canadian dollar, which has held its own against the greenback this week....
The questions in recent times...
- Is the federal reserve going to slow down on future rate increases?
- Could we see a cut in rates in 2023?
- With terminal rates still undecided, could it be revised higher?
Perhaps the height of the Central Banker of the US Federal Reserve could be a leading indicator of interest rate decisions! (I'm not being serious, but it...
The British pound has taken a tumble after April CPI jumped to 9.0% YoY, up sharply from 7.0% in March. GBP/USD has fallen 100 points today and is trading at 1.2390 in North American trade.
UK inflation continues to run at a 40- year high, and the cost of living crisis is undoubtedly keeping Finance Minister Sunak and BoE Governor Bailey awake at night. Core CPI...
Hi Guys,
to keep it simple...
Financial Crisis 2007-2008 and Pandemic led to the implementations of QE programmes in combination with other accomodative monetary policies.
Following these events FEAR drove the value of Gold to its highest at $2.000 both in 2011 and in 2020.
In both these occasions, after having reached $2000, the precious metal bounced off the...
