Strong US jobs data revives Fed rate-hike bets as Trump demands a cut
A stronger-than-expected August jobs report has pushed traders to raise their bets on a Federal Reserve rate hike this month,…
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Japanese yen’s rally this week may not last, strategist warns
The Japanese yen strengthened against the dollar this week, but Bannockburn Capital Markets strategist Marc Chandler warns the rally could…
Yen’s changing fortunes might finally be spooking the bears
The yen is on track for its best week since a rare joint U.S.-Japan intervention in July, rising roughly 2%…
Canada’s Ivey PMI Jumps to 64.3, Highest Since 2022
Canada's Ivey Purchasing Managers Index jumped to 64.3 in August, its highest reading since May 2022. Prices, inventories and employment…
EUR/USD holds key support after blockbuster US jobs report
EUR/USD fell after a blockbuster US jobs report boosted the dollar, but the pair held a key support level and…
