Category forex

USD Strengthens Against CAD

USD/CAD gains ground after 0.5% losses The US Dollar is strengthening against the Canadian Dollar, driven by rising safe-haven demand. This increase follows a 0.5% loss in the previous day, with the pair trading around 1.3950 during early European hours. The

RBA Expected To Maintain Rates

RBA to keep rates unchanged with a hawkish tone The Reserve Bank of Australia is expected to keep interest rates unchanged. High petroleum prices may lead to a slightly hawkish tone. The market has priced in a 99% probability that the rate will remain unchanged. The