Canadian Dollar Jumps as BoC Declares Policy ‘About Right’ After Cut

Asian investors kicked off the week on a positive note, with equities advancing after Fed Chair Jerome Powell struck a dovish tone at Jackson Hole. Gains were particularly strong in Hong Kong, though most regional markets saw upward momentum, reflecting belief that the Fed appears ready to ease again soon. Still, market expectations have essentially […]

Dollar has started to ease after a strong rally this week, alongside US Treasury yields. While the greenback is consolidating gains against European majors and Yen, there’s little indication of a substantial pullback for now. Against commodity currencies, Dollar still holds potential for additional gains. Still, traders may avoid large moves ahead of the weekly […]

New Zealand Dollar weakens broadly in Asian session today, reflecting market caution ahead the RBNZ decision later this week, on concerns of less hawkish than expected outcome. The selloff in Kiwi is also dragging down Australian Dollar some what, while Yen and Dollar found some room to recover from last week’s losses. At the same […]