Canadian Dollar Claws Back Ground on Data-light Wednesday

Canadian Dollar rebounds after previous day’s downside.

FXStreet00:40

Rental costs are soaring! Major central banks face stubborn obstacles to curbing inflation

In the US, the UK, Canada, and Australia, rapidly rising housing costs — which weigh heavily in the consumer price index basket — are preventing inflation from falling back to the central bank's target level.

Zhitong FinanceMay 8 11:22

Heavy! The “full circulation” rule for H shares was adjusted, and the brokerage abolished transaction quota control

After the implementation of the new regulations, investors are not required to register before reducing their holdings. After reducing their holdings, they must register with the Foreign Exchange Bureau within 20 working days. The brokerage firm removed transaction amount control.

券商中國May 8 09:16

More than just the Federal Reserve! This big problem is testing central banks around the world

It is probably the “culprit” for the US core CPI inflation exceeding expectations for 3 consecutive months...

Golden10 DataMay 8 08:43

Canada's economy is in a hurry: falling productivity triggers calls for the Bank of Canada to cut interest rates early

David Rosenberg, founder and president of the independent research company Rosenberg Research & Associates Inc., studied the Canadian economy. He pointed out that the decline in the Canadian economy and the decline in productivity means that the Bank of Canada should cut interest rates without considering whether the Federal Reserve will cut interest rates.

FX168May 8 01:32

The Canadian dollar faced a double challenge, or fell below 70 cents

The Canadian dollar is facing more and more headwinds, the dollar is rising strongly, and it looks like the Bank of Canada will cut interest rates before the Federal Reserve.

FX168May 8 00:58