Today’s Notable Sentiment Shifts
USD – The dollar climbed to a fresh 20-year high on Thursday, supported by safe-haven demand as concerns persisted that further policy tightening by the FOMC to combat inflation will drag on global economic activity.
CAD – The Canadian dollar extended recent declines on Thursday as the Bank of Canada played down prospects of interest rates rising by more than half a percentage point in any one move.
CAD – The Canadian dollar extended recent declines on Thursday as the Bank of Canada played down prospects of interest rates rising by more than half a percentage point in any one move.