The Canadian dollar fell on interest rate differentials and lower oil prices. The Ivey PMI revealed that economic activity in Canada expanded faster in April. American Petroleum Institute data revealed a jump in US crude inventories last week. The USD/CAD price analysis shows a soaring bullish sentiment as the Canadian dollar slides on interest rate...
The gap in interest rates between Japan and the US will likely continue for a while. The Federal Reserve is not yet confident enough to start cutting interest rates. The Bank of Japan is taking a cautious approach to rate hikes. The USD/JPY price analysis leans bullish as the yen slides against the dollar despite...
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