RBC Capital Markets becomes first Canadian bank to trade Korean won onshore

RBC Capital Markets becomes first Canadian bank to trade Korean won onshore
Source link

RBC Capital Markets becomes first Canadian bank to trade Korean won onshore
Source link
The major assets traded mixed as traders priced in the ECB’s rate cut, Uncle Sam’s disappointing GDP, and threats of the U.S. imposing tariffs on Canadian and Mexican products. How did your favorite assets trade in the last trading sessions? We’re discussing the details below: Headlines: ANZ: New Zealand business confidence fell from 62.3 to…
The Australian Dollar appreciates following the domestic mixed labor market. Australia’s Employment Change rose by 35,600 in November, exceeding the previous 12,100 and the expected 25,000 readings. Traders still expect the Fed to proceed with a quarter-point rate cut in December following the latest US CPI report. The Australian Dollar (AUD) halts its two days…
The EUR/USD pair rose to 1.1418 before pausing, as bearish sentiment towards the US dollar intensified following the release of disappointing US macroeconomic data and escalating trade tensions. The dollar is under pressure from weak data and trade uncertainty The dollar came under renewed pressure after the release of weaker-than-expected US manufacturing activity data for…
Asia FX slides on hawkish Fed expectations; rupee hits record low near 96/USD Source link
Oil prices are under some pressure after Trump writes: I greatly respect the fact that all scheduled hangings, which were to take place yesterday (Over 800 of them), have been cancelled by the leadership of Iran. Thank you! Iran is a brutal regime that’s quickly sentenced people to death for protesting poor economic conditions. It’s…
AUDUSD jumped to two-week high (0.7116) in early Wednesday’s trading following release of Australian CPI data. Inflation remained elevated and unchanged in January compared to previous month (3.8%; Core 3.4% – the highest in 16 months) beating forecasts (3.3%; Core 3.7%) and boosting bets for another rate hike, after the RBA raised interest rates by…