| Canadian Dollar Looks to BoC Rate Decision, Inflation for Next Moves (DailyFX) Fundamental Forecast for Canadian Dollar: Neutral - USDCAD Setbacks Unlikely Below 1.0300. - Canadian Dollar Steady Despite Positive 2Q Credit Conditions and Sales Forecasts The Canadian dollar tumbled against its U.S. namesake last week, finishing as the worst performing G-10 currencies through Friday’s close. finance.yahoo.com |
Treasurys, dollar up after confidence data (at MarketWatch) Treasury prices and the dollar stayed higher on Friday after the Reuters/University of Michigan index of consumer sentiment was revised to 67.8 in July. A separate report showed manufacturing activity in the Chicago region came in better than expected in July. us.rd.yahoo.com |
Forex & Commodities: Commodity Currencies Rise on China Data [at CNBC] - The dollar staged a rebound against most major currencies in the Asian session Friday following a recovery in U.S. bond yields. The dollar index was up at 82.74. us.rd.yahoo.com |
Euro extends gains after U.S. durable goods orders [at Reuters] - The euro extended gains versus the dollar on Friday after a report showed new orders for long-lasting U.S. manufactured goods fell more than expected in August us.rd.yahoo.com |
Currencies: Dollar weakens after payrolls, before IMF meeting The dollar comes under pressure after a report that showed the U.S. economy cut more jobs than economists had anticipated, especially in the government sector. us.rd.yahoo.com |