| Canadian Dollar To Face Shift in Risk Trend, Slower Economic Growth (DailyFX) Canadian Dollar To Face Shift in Risk Trend, Slower Economic Growth Fundamental Forecast for Canadian Dollar: Neutral - Bank of Canada Turns Cautious - Canadian Price Growth Weakens in May - Retail Spending Falters, Weighing on Growth Outlook - USD/CAD: Bulls Return to Challenge Channel Top The Canadian dollar lost ground against the greenback following a shift in market sentiment and the drop in risk appetite may drag on the exchange rate over the following week, while a slower pace of growth in Canada could discourage expectations for another rate hike as the central bank maintains a cautious outlook for the region. finance.yahoo.com |
Dollar, Treasurys up after trade deficit (at MarketWatch) Treasury prices held onto gains and the dollar remained up by about 1% on Wednesday after the U.S. said its trade deficit widened to $49.9 billion in June, more than many analysts had anticipated. us.rd.yahoo.com |
US Dollar May See Further Declines Before Strength (DailyFX) EURUSD – Euro Forecast Modestly Bullish Against USD GBPUSD – British Pound Bias Calls for Strength USDJPY – Japanese Yen Forecast to Gain Further USDCHF – Swiss Franc Likely to Strengthen against Dollar USDCAD – Canadian Dollar May Fall Against US Dollar GBPJPY – British Pound Forecast to decline Against Japanese Yen View individual currency SSI charts in our FX Sentiment section Interested in building your own SSI-based strategy? finance.yahoo.com |
Geithner: Currency Flexibility in Exchange for IMF Votes [at CNBC] - US Treasury Secretary Timothy Geithner will call on emerging nations to show more flexibility on currencies in exchange for a greater say in international financial institutions, a Treasury official told CNBC Wednesday. us.rd.yahoo.com |
Sigh of relief on Wall St overnight Shares on Wall Street advanced overnight, helped by better-than-expected results from Citigroup and expectations the Federal Reserve would further ease monetary policy.Citigroup's third-quarter net income of US$2.17 billion brings... nzherald.co.nz |