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USDCAD Soars on Canadian Jobs Shock, BoC Cut Bets and Oil Slump | Reuters | Login to see the signal | |
Canadian dollar lags G10 peers as jobs data lifts rate cut betsSummaryA surprise loss of 65,500 Canadian jobs and falling oil weakened the loonie, boosting USDCAD as markets price a likely Bank of Canada rate cut and lower Canadian yields. |
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USDCAD Tumbles as Fed's Williams Signals Possible Rate Cut, Dollar Weakens | Reuters | Login to see the signal | |
Dollar weakens as September Fed cut bets growSummaryThe dollar weakened after New York Fed chief John Williams signaled a possible rate cut, boosting easing bets. Political pressure from President Trump and Fed governor Lisa Cook's lawsuit added uncertainty, while the euro and sterling gained against the dollar. |
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