USD/CAD steadied near 1.3950 ahead of BoC, geopolitics, and US inflation data driving rate-hike expectations.
Dow’s early surge faded as semis weakened; oil slid; CPI looms, fueling caution, hedges, bearish bias.
AUD/USD slips near 0.7040 as Aussie sentiment drops; China trade surge fades, Fed strength keeps bearish.
EUR/USD strengthened as Middle East tensions eased, oil fell, and markets awaited US CPI and central-bank signals.
USD/CAD steadied near 1.3950 ahead of BoC, geopolitics, and US inflation data driving rate-hike expectations.
U.S. 52-week bill yield jumps to 3.75%, signaling higher-for-longer rates, pressuring bonds, growth stocks, and boosting dollar.
Indonesia reserves slip to $144.9bn as BI backs rupiah; volatility rises, prompting tighter policy and options.
Sterling strengthened on risk-on flows, lifting GBP/USD from 1.33; politics loom, 1.3415 breakout targets 1.3475.
Rabobank warns Canada is in technical recession, with inflation and trade shocks pressuring CAD, equities, and policy.
U.S. 52-week bill yield jumps to 3.75%, signaling higher-for-longer rates, pressuring bonds, growth stocks, and boosting dollar.
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