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Last week, Citi announced a significant shift in its stance on the U.S. dollar, moving from a bullish position to a neutral one. The change in view was prompted by an anticipated pullback of the USD,...
By Fergal Smith TORONTO (Reuters) - The Canadian stock market stands to benefit from the expected election this year of a Conservative government that favors business-friendly economic policies and...
On Monday, Bank of America (BofA) economists forecasted that the Bank of Canada (BoC) will reduce its overnight policy rate target by 25 basis points on January 29, setting the rate at 3%. The...
A look at the day ahead in European and global markets from Kevin Buckland For two years, investors and analysts have pondered what - if anything - could take some of the steam out of the AI stocks...
Investing.com-- The Mexican peso weakened sharply on Sunday, while the Canadian dollar softened amid heightened fears that U.S. President Donald Trump will deliver on his tariff threats, after he...
Investing.com -- Donald Trump's inauguration week began with a relief rally in G10 currencies against the US dollar (USD), driven by a Wall Street Journal report hinting at a potential delay in...
By Amanda Cooper and Koh Gui Qing NEW YORK/LONDON (Reuters) -The U.S. dollar slid on Friday and was set for its biggest weekly loss in over a year after President Donald Trump suggested a softer...
Investing.com -- Retail sales in Canada remained largely unchanged in November, with declines in six of the nine subsectors. The most notable drop was seen in food and beverage retailers, which...
On Wednesday, Macquarie analysts provided insights into the potential future movements of the Canadian dollar (CAD) against the US dollar (USD). They indicated that the fears of heavy-handed US import...
Wells Fargo (NYSE:WFC) analysts presented insights on the potential impact of U.S. tariffs on Canada and Mexico, forecasting a stronger U.S. dollar as a result. The firm anticipates that if the...
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