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The Bank of Canada (BOC) did a surprise rate cut of 50 bps on Friday to bring the interest rate…
The Australian dollar attempted to rally today after the release of monetary policy minutes from the Australian central bank and domestic macroeconomic data but failed and continued…
The Japanese yen is trading mixed on foreign exchange markets on Tuesday as recent economic data pointed to tepid conditions, diminishing overall business confidence. With…
The euro today fell against the much stronger US dollar amid a global rush for the world’s sole reserve currency as the world grapples with the coronavirus pandemic.…
The Great Britain pound versus the Canadian dollar currency pair respects some very important lines. But which are the new perspectives concerning the old…
As central banks around the world have acted to stem the economic fallout from the global threat of the coronavirus,…
Markets have recovered slightly off the peak pessimism of this morning, but even the bounce from “sheer, unadulterated panic” levels…
The way stocks have been selling off lately, one may have thought that a safe place to park your cash…
The Chinese yuan is slumping against multiple currencies to kick off the trading week, driven by a crash in key economic metrics. With a myriad of January-to-February reports…
The Canadian dollar is crashing against most currency rivals on Monday after the federal government announced that it would shut down the border to non-Canadian…
The US dollar started Monday’s trading session sharply lower compared with Friday’s close. The reason for that was another surprise interest rate cut…
The US Federal Reserve was not the only central bank to make a surprise interest rate cut at the start of the week. The Reserve Bank of New Zealand also…
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