The dollar is rising in line with Treasury yields and the likelihood of interest rate hikes. The yen is falling on the back of weak fundamentals and has no hope of currency intervention. The US dollar has reached a six-week high and is once again trading near 17-month highs, thanks to US business activity strengthening […]
The post The Dollar’s Strengthening Calls for a Strong Hand appeared first on ActionForex.
US initial jobless claims edged down from a revised 198k to 197k in the week ending September 19, slightly below expectations of 200k. The prior week was revised up from 196k, but the four-week moving Read more…
Canadian retail sales swung from +0.6% to -0.7% m/m in July, slightly better than expectations for a 0.8% decline, while sales excluding autos fell from +0.5% to -0.7%, weaker than the -0.5% consensus. The headline Read more…
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