Asia FX steady as Fed cut bets rise; Aussie gains on hot CPI, Kiwi jumps post RBNZ

Asia FX steady as Fed cut bets rise; Aussie gains on hot CPI, Kiwi jumps post RBNZ
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Asia FX steady as Fed cut bets rise; Aussie gains on hot CPI, Kiwi jumps post RBNZ
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Bank of Canada (BoC) Governor Tiff Macklem and Canadian Finance Minister François-Philippe Champagne gave dueling talking points on Thursday, reviewing their G7 experiences this week. Both officials acknowledged that broad discussions about US tariffs took place, but warned that “excess capacity” may exist on the other side of US import taxes, which is the nicest…
Concerns that the correction was not yet complete have been fully justified. The price, failing to start an upward movement, plummeted sharply. Now, the wave pattern looks more like a reasonable correction. Buyers now need to manage to pull out of this steep decline; otherwise, serious problems could arise later. There is still a chance…
Leading cryptocurrencies maintained sideways movem The post Bitcoin, Ethereum, Dogecoin Move Sideways Ahead Of Fed’s FOMC Meet: Analyst Says ‘Only A Matter Of Time’ Before King Crypto Hits $74K appeared first on ForexTV. Source link
The Canadian dollar is flat in early trading but slightly undeperforming in a broad US dollar selloff. The reason is that Trump on the weekend threatened 100% tariffs against Canada. Trump said the tariffs will come if Canada “makes a deal with China.” “China will eat Canada alive, completely devour it, including the destruction of…
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You can see our policy affect the economy, cited housing, growth and labor market The question is whether it’s sufficiently restrictive We are seeing the labor market coming into better balance I would want to see ‘a few more months’ of better inflation data At some point you need to worry about the other side…