The dollar stabilized today following yesterday’s CPI and weekly jobless claims losses, despite slight increases. US rates remain stable. The 10-year yield hit 4% and has remained above it for the first time in five months. Up a few basis points to 4.04%. This week is stable. The strengthening US dollar benefits Canada, which is Read More
The U.S. dollar experienced a decline against key currencies, including the euro and yen, on Thursday. This movement was influenced by slightly elevated inflation data for August and initial jobless claims that fell short of expectations, strengthening the perspective that the Federal Reserve is likely to initiate interest rate cuts in the upcoming week. During Read More
