Bank of Canada holds interest rate at 5 per cent
Bank of Canada held its key interest rate at five per cent Wednesday, as widely expected. Find out more
Source: windsorstar.com
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Pound To Canadian Dollar Rate Recovers From 5-Week Lows
Pound to Canadian Dollar Rate Recovers from 5-Week Lows
Source: exchangerates.org.uk
US Treasuries Secured Ssignificant Gains
US Treasuries secured significant gains yesterday in a three-stage rally. The US Treasury Department ignited the move with the publication of the quarterly refunding statement. The total increase of auction sizes in the November-through-January quarter was slightly smaller-than-expected, with a bigger-than-hoped-for pivot towards issuing shorter and medium term securities. Treasury plans to increase the auction sizes of the 2- and 5-yr by $3bn/month compared to August-through-October volumes, the 3-yr by $2bn/month, and the 7-yr by $1bn/month.
Source: actionforex.com
Key chart points hold and the Dollar's rally stalls ahead of the weekend
Overview: Hawkish comments from Fed officials and the first decline in continuing unemployment claims below 1.8 mln in two months boosted US rates and
Source: fxstreet.com
Bank of Canada might pull off a soft landing, but it won't be easy
Bank of Canada Governor Tiff Macklem says he agreed a hard landing will require some 'delicate' manoeuvring
Source: financialpost.com