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If the Bank of Canada continues to believe that the economic recovery will continue through 2022, they may try to stay ahead of it by hiking rates sometime around mid-year
There are many variables in play this week which already have USD/NOK up 1.5% this week.
USD/NOK seems to have reverted to its normal self, which is trading inversely to oil and a hawkish central bank
The US Dollar is losing ground to most ASEAN currencies, with the Singapore Dollar, Thai Baht, Philippine Peso and Indonesian Rupiah making a comeback. Is this USD’s turning point?
The US Dollar is losing ground to most ASEAN currencies, with the Singapore Dollar, Thai Baht, Philippine Peso and Indonesian Rupiah making a comeback. Is this USD’s turning point?