US interest rates »

  • H.S. Borji

    The Canadian dollar was on its heels Monday amid signs Canada’s economy expanded very modestly in April. The Canadian dollar declined 0.17 percent to 0.9361, rebounding from an intraday low of 0.9350. The USDCAD pair was up 19 pips to 1.0682 after three consecutive days of decline. The pair faces initial support at 1.0649 and

  • David Becker

    Sterling made a valiant effort in attempting to breakout above the February highs near 1.6822. Thursday’s market route in the US led investors back into the greenback, despite a decline of long term US yields below 2.67. Next week the focus for pound traders will be the UK PPI and CPI reports which will shed

  • US interest rates continue to remain at the bottom of their current range as speculation on increasing rates due to potential tapering has been put off until the middle of 2014. Futures traders are now pricing in the first tightening of rates in 2015, which could reflect a potential slowdown in US economic activity. The

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