Canadian Dollar ‘Confused’ by Oil Swings, but Could yet Retake 80-cent Mark (News (20/04/16)
Today’s Press
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Canadian dollar “confused” by oil swings, but could yet retake 80-cent mark
The Canadian dollar”s rally may have stalled this morning, but analysts say it could still retake the 80-cent level in a couple of weeks.
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Trump hints Yellen would be out as Fed chair
Federal Reserve Chair Janet Yellen might want to start searching for another job if Donald Trump is elected president, if the Republican front-runner’s comments in a recent interview are any indication.
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Oil falls on end to Kuwaiti strike, supply outlook
Oil prices fell on Wednesday as investor focus returned to worries about oversupply after Kuwaiti workers ended a three-day strike that had halved the nation’s crude output.
Next Trading Day’s Important Events
- 14:45 (GMT+3) ECB Interest Rate Decision
- 15:30 (GMT+3) ECB Press Conference
Forex Quotes:
- USDJPY: 109.33
- EURUSD: 1.1362
Indices:
- S&P 500: 2,100.80
- NASDAQ : 4,940.33
Source:: Canadian Dollar ‘Confused’ by Oil Swings, but Could yet Retake 80-cent Mark (News (20/04/16)