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Tag - cad - canadian dollar
USD/CAD is eyeing 1.2900. What’s next?
What’s happening? S&P dropped, the AUD dropped, while USD/JPY skyrocketed!
President Joe Biden is expected to sign a new “Buy American” order, underlining the essential continuity of US trade policy despite the radical change of tone expected from Donald Trump’s administration.
S&P 500 skyrocketed to the all-time high on optimism that Biden’s fiscal stimulus will support economic growth and boost corporate earnings.
The Canadian central bank will make a monetary policy report and announce interest rates on Wednesday, January 20, at 17:00 MT time. Also, the BOC press conference will be held later.
USD/CAD continues dipping. Follow US jobless claims and the speech of Fed’s Powell!
Investors continue to assess the vaccine rollout versus fears over a new virus variant. US stocks and oil slipped as Donald Trump threatened not to sign a long-awaited stimulus bill into law.
US stocks and oil slipped as Donald Trump threatened not to sign a long-awaited stimulus bill into law. The market sentiment had been already fragile, and Trump’s comments worsened it even more.
Global stocks tumble and the dollar surges as the UK discovers a new strain of the Covid-19 coronavirus.
US stocks are set to open mixed, ahead of the ‘quadruple witching’ today as December options contracts on stocks, indices, and other products all expire.
The US dollar keeps dipping further, while riskier assets are rising as investors await the FOMC meeting at 21:00 MT time.