img CDN
img AUS
img NZ
img US
Call us now: 1.844.363.7297
imgOnline Dealing Login

USD Rally Fades as Federal Reserve Raises Questions on Rate Hike Timing

Published July 6, 2017
  • The US dollar's rebound yesterday faded this morning after the minutes from the Fed’s FOMC policy meeting did not provide a clear indication of future rate increases
  • Canada’s trade deficit increased almost 100% in May, with both imports and exports reaching record highs
  • Oil jumped over 1% today on larger than anticipated inventory draw downs
  • Market participants are anxiously awaiting tomorrow’s employment/jobs data out of both Canada and the US