Loonie Rebounds From 4-Week Low As Greenback Slips
The Canadian dollar strengthened against its U.S. counterpart on Friday, recovering from an earlier four-week low as softer-than-expected U.S. inflation data pressured the greenback.
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The Canadian dollar strengthened against its U.S. counterpart on Friday, recovering from an earlier four-week low as softer-than-expected U.S. inflation data pressured the greenback.
Read MoreGold prices climbed to two-month highs on Friday as investors sought refuge from escalating tensions between North Korea and the United States, while bullion also received support from weak U.S. inflation data.
Read MoreU.S. consumer prices rose less than expected in July, pointing to benign inflation that could make the Federal Reserve cautious about raising interest rates again this year.
Read MoreThe damage inflicted on world stocks this week by the escalating war of words over North Korea topped $1 trillion on Friday, as investors again took cover in the yen, the Swiss franc, gold and government bonds.
Read MoreThe dollar was pinned close to an eight-week low against the yen on Friday as escalating tension over North Korea dominated currency markets thinned out by the summer holidays in Europe and the United States.
Read MoreAsian equity markets extended a global slide on Friday as tensions ramped up between the United States and North Korea, sending investors fleeing to less risky assets such the yen, the Swiss franc and U.S. Treasuries.
Read MoreGold prices edged up to touch their highest in over two months on Friday, set for a fourth consecutive day of gains as rising tensions between the United States and North Korea stoked safe-haven buying.
Read MoreAustralia’s central bank aims to keep interest rates at record lows for a while yet, governor Philip Lowe said on Friday, with any tightening “quite some time away” and likely to be gradual as households try to whittle down a mountain of debt.
Read MoreThe U.S. dollar slipped to an eight-week low against the Japanese yen on Thursday as continuing tensions between the United States and North Korea led investors to look for assets viewed as less risky.
Read MoreSterling touched a three-week low against the dollar on Thursday as a mixed bag of output and trade data did little to alter investors’ downbeat view of an economy struggling to meet Bank of England targets.
Read MoreThat’s what trading is; it’s going against standard human emotions. As a trader, you are continually going up against your own emotional limitations. That is why so few people succeed in trading.Amrit Sall