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  • Canadian Dollar Jumps on CPI, Risk Appetite Lifted by Fed Expectations
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Canadian Dollar Jumps on CPI, Risk Appetite Lifted by Fed Expectations

Stock Hedges 1 year ago 1 min read

A hospital bill for $36,000 with a line item of various charges is photographed with a very shallow depth of field. A credit card and a ballpoint pen rest out of focus in the background.

Canadian Dollar jumps broadly in early US session after stronger than expected consumer inflation data. Australian Dollar follows as the second strongest, with help from risk appetite since European session. Fed Kashkari’s push for forward guidance raises expectation that Fed will keep rates low for longer. Yen and Swiss Franc weaken as a result of […]

The post Canadian Dollar Jumps on CPI, Risk Appetite Lifted by Fed Expectations appeared first on Action Forex.

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