Close Menu
  • Business
  • Black Business
  • SMALL BUSINESS
  • BANK/FRAUD FINANCIAL CRIMES
  • Celebrities
  • CRYPTO
  • DEBT
  • Entrepreneur
  • ESTATE PLANNING
  • FRANCHISE
  • Gossip
  • GLOBAL ECONOMY
  • Music
  • MUTUAL FUNDS
  • Political
  • Pop Culture
  • PERSONAL FINANCE
  • Wall street
  • Privacy Policy
  • Business News Disclaimer
  • Contact Us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Terms and Condition
What's Hot

The Nicki Minaj and Cardi B Beef: A Timeline Of Events

Cardi B Apologizes To Latto After Leaked Audio About Ice Spice

Donald Trump Threatens To Withhold Funds From NYC

Facebook X (Twitter) Instagram
Trending
  • The Nicki Minaj and Cardi B Beef: A Timeline Of Events
  • Cardi B Apologizes To Latto After Leaked Audio About Ice Spice
  • Donald Trump Threatens To Withhold Funds From NYC
  • Cardi B & Nicki Minaj Egregiously Eviscerate Each Other’s Kids
  • Here’s Why SteelSeries’ Arctis Nova Elite Will Cost You $599
  • Social Media Swoons Over Biblical Boo-Lovin’ In ‘Ruth & Boaz’
  • James Comey’s Indictment, While Without Merit, Is Part of Comey’s Own Legacy
  • Rising Stars in the spotlight at ProCon building awards
Facebook X (Twitter) Instagram YouTube
THE MIRROR OF MEDIA
  • Home
  • Accounting
  • Banking
  • Business
  • Political
  • Crypto
  • Real Estate
  • Ecommerce
  • Entrepreneur
  • Investment
  • More
    • Music
    • Gossip
    • Pop Culture
    • Wall street
    • IPO’S
    • Mortgage/Loans
    • Venture Capitalists/Angel Investors
THE MIRROR OF MEDIA
You are at:Home»Business»USD / CAD – Canadian dollar gets a boost
Business

USD / CAD – Canadian dollar gets a boost

adminBy adminNo Comments2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email


– Sinking Treasury yields boost Loonie.

– US Q2 GDP and weekly jobless claims data ahead.

– US dollar attempting to recoup some of yesterday’s losses.

USDCAD open 1.3772, overnight range 1.3768-1.3792, close 1.3794, WTI 63.80, Gold 3399.09

The Canadian dollar rallied yesterday after ongoing White House and Fed drama drove Treasury yields lower. The pressure on the Fed to lower rates has intensified to such an extent that even Chair Powell opined about cutting rates.

WTI oil firmed in a 63.51-64.02 range. The EIA reported that weekly crude inventory data fell by 2.392 million barrels and talk that Britain, France and Germany are discussing reviving Iran sanctions supported prices.

Asian equity markets were mixed to higher. Japan’s Topix rose 0.65%, Australia’s ASX200 gained 0.22%, while Hong Kong’s Hang Seng slid 0.81%. In early European trade, the French CAC-40 was unchanged, the FTSE 100 dipped 0.47%, and the German DAX eased 0.19%. S&P 500 futures were flat, and the US 10-year yield sat at 4.232%,

EURUSD traded in a 1.1629-1.1660 band and is pressing the top of the range. Gains are capped by political turbulence in France where the government faces a looming no-confidence vote over its austerity budget. Sentiment was further tempered by weaker-than-expected services, sentiment, and industrial confidence readings, though consumer confidence was steady.

GBPUSD moved higher in a 1.3484-1.3519 range as the broadly softer US dollar provided support, along with lingering expectations the Bank of England will slow its pace of rate cuts. Technicals lean bullish while above 1.3420 with traders eyeing a break of 1.3540 to end the May downtrend and target 1.3690.

USDJPY traded narrowly between 147.00 and 147.49 in a subdued session. Selling pressure followed slightly hawkish remarks from BoJ Board member Junko Nakagawa and broader US dollar weakness. Adding to the caution, Japan’s trade negotiator Ryosei Akazawa abruptly cancelled a US trip, citing the need for greater clarity around Japan’s planned $550 billion investment.

AUDUSD climbed within a 0.6503-0.6524 range, benefiting from general US dollar softness and support from the PBoC’s latest measures that allowed the Chinese yuan to firm.

Today’s US data includes weekly jobless claims, Q2 GDP, housing starts and Q2 Personal Consumption Expenditures Prices.



Source link

Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
Previous ArticleThe City Details New Features Ahead of ‘NBA 2K26’ Early Access
Next Article 9/11 Victims’ Lawsuit Against Saudi Kingdom Can Go to Trial: Judge — ProPublica
admin
  • Website
  • Facebook

The most informative business website online.

Related Posts

Rising Stars in the spotlight at ProCon building awards

UST guns for third straight win against unbeaten NU at UAAP

Entrepreneurs And Business Leaders To Gather At 17th PHILSME For SME Success In 2026

Comments are closed.

Don't Miss
Pop Culture

The Nicki Minaj and Cardi B Beef: A Timeline Of Events

Source: This week, another chapter was added to the Cardi B and Nicki Minaj beef.…

Cardi B Apologizes To Latto After Leaked Audio About Ice Spice

Donald Trump Threatens To Withhold Funds From NYC

Cardi B & Nicki Minaj Egregiously Eviscerate Each Other’s Kids

Here’s Why SteelSeries’ Arctis Nova Elite Will Cost You $599

Social Media Swoons Over Biblical Boo-Lovin’ In ‘Ruth & Boaz’

James Comey’s Indictment, While Without Merit, Is Part of Comey’s Own Legacy

Rising Stars in the spotlight at ProCon building awards

Trump Pals Revealed In Latest Epstein Files Release

Courvoisier’s BYOCV Dînatoires Toast To Tech & HBCU Excellence

Trump Brags On Bling’d Out White House

Shah Rukh Khan, Karan Johar And Maniesh Paul To Host The 70th Filmfare Awards 2025

BravoCon 2025 Announces Star-Studded Schedule

Broker Public Portal becomes Cribio, chooses the consumer’s side

Did Latto Just Confirm 21 Savage Is Her Ball?

About Us
About Us

LewLewBiz delivers practical insights on entrepreneurship, finance, and business operations. Explore expert advice on payroll, landlord strategies, and industry news to empower your financial decisions and business growth.

We're accepting new partnerships right now.

Email Us: lewlewmedia@gmail.com
Contact: lewlewmedia@info.com

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

The Nicki Minaj and Cardi B Beef: A Timeline Of Events

Cardi B Apologizes To Latto After Leaked Audio About Ice Spice

Donald Trump Threatens To Withhold Funds From NYC

Most Popular

Tamar Braxton’s Dentist Reveals Singer Suffered ‘Dental Fractures’

Ambitious Eala is ready to defy the odds anew against Bucsa

Tiffany Haddish Addresses Rumors She Welcomed Child With Jason Lee

© 2025 lewlewmedia since 2016
  • Business
  • Black Business
  • SMALL BUSINESS
  • BANK/FRAUD FINANCIAL CRIMES
  • Celebrities
  • CRYPTO
  • DEBT
  • Entrepreneur
  • ESTATE PLANNING
  • FRANCHISE
  • Gossip
  • GLOBAL ECONOMY
  • Music
  • MUTUAL FUNDS
  • Political
  • Pop Culture
  • PERSONAL FINANCE
  • Wall street
  • Privacy Policy
  • Business News Disclaimer
  • Contact Us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Terms and Condition

Type above and press Enter to search. Press Esc to cancel.