USD/CAD jumps to 1.3000 after Powell as Wall Street tumbles – by MSalordFX USDCAD Currencies Majors
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/CAD ignores firmer oil price to regain 1.2950 ahead of Fed Chair Powell’s showdownUSD/CAD recovers from weekly low as traders await the key US inflation gauge and Fed Chair Jerome Powell’s speech at the Jackson Hole in early Friday.
Read more »
USD/CAD slides below 1.2950 on soft US dollar ahead of Powell’s speechThe USD/CAD slides towards new weekly lows in the North American session amidst a positive market mood, spurred by China’s 1 trillion CNY stimulus, ai
Read more »
S&P 500 bleeds to fresh lows on the day back of hawkish Fed PowellStocks on Wall Street are bleeding out into the midday New York trade following Federal Reserve Chief Jerome Powell's comments made in a speech to the
Read more »
USD/JPY reclaims the 137.00 figure after Powell’s speech strengthens the US dollarThe USD/JPY advances In the North American session, following hawkish remarks of Fed Chair Jerome Powell in the Jackson Hole Simposium, after the Fed’
Read more »
US Dollar Forecast: DXY Index, USD/JPY Wait on Jackson HoleThe USD index (DXY) is hovering just below its yearly highs while USD/JPY broke the downtrend from the July swing highs. Fed Chair Jerome Powell’s Jackson Hole speech will likely catalyze a more significant move in the major USD-pairs.
Read more »
Bitcoin Outlook: BTC/USD Stagnates Ahead of Fed Chair Powell’s SpeechBitcoin stabilizes above $21,000 psychological support. Tomorrow’s economic docket could assist in the catalyzation of price action as PCE, Michigan sentiment and Fed Chair Jerome Powell’s speech take center stage.
Read more »