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Top Monex Canada News

Federal Reserve · United StatesThe dollar weakened to a three-year low on Thursday after a report that Donald Trump was considering nominating the next Federal Reserve chair early, due to the US president’s frustration at the slow pace of interest rate cuts. The US currency fell 0.6 per cent against a basket of its trading partners including the pound and the euro, hitting a level last reached in early 2022.See the Story
Dollar hits 3-year low on report Donald Trump could pick next Federal Reserve chair early
50% Center coverage: 58 sources

Canada · CanadaCAD Given events elsewhere, USDCAD has been something of a sideshow for markets over recent weeks. Limited domestic data flow and minimal BoC commentary offer little for traders to dig into, leaving the loonie to trade mainly at the mercy of external factors. Yesterday’s Canada Day holiday did little to disprove this thesis. USDCAD notched 0.5% higher, despite no domestic catalysts, price action that was largely indistinguishable from other rece…See the Story
Dollar: Back To Trading On Normal Drivers
100% Right coverage: 1 sources
US GDP Slows Down: What's Next for DXY? - Forex Factory
The dollar stabilises after a tough start to the week - Monex Europe
The dollar slips again on US headlines - Monex Canada
Stocks Tumble, Dollar up as Middle East War Lights Safe-Haven Trade
80% Center coverage: 5 sources
Bank of England holds interest rates at 4.25 per cent
52% Center coverage: 50 sources