The latest projection is here:
Sure enough .... CAD taking a hit:
The USD is more broadly higher also, against EUR, AUD, Kiwi$, GBP
The latest projection is here:
Sure enough .... CAD taking a hit:
The USD is more broadly higher also, against EUR, AUD, Kiwi$, GBP
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Adobe shares drop 5% on AI disruption fears; software stocks lag broader market, valuation concerns mount.
Richmond Fed President Tom Barkin said no single Fed meeting is decisive, welcomed recent CPI data and flagged ongoing but uncertain tariff-related inflation pressures, reinforcing a flexible, data-driven policy approach.
Bitcoin has hit its highest against the USD in 2 months
TEAM drops 5.3% on competitive fears & high valuation; analysts warn on AI sales & commoditization.
Gold hits record $5k as dollar weakens on Fed worries; silver tops $89. Traders eye rate cut bets.
Fed's Barkin sees 'encouraging' 2.7% inflation, but warns of year-start spikes. Rate pause eyed.
Japan’s Reuters Tankan showed manufacturers’ sentiment fell to +7 in January from +10, a six-month low, as weak demand hit materials sectors. Non-manufacturers edged down to +32, with firms split on an April outlook.
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