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Ketki Saxena on Muck Rack

Ketki Saxena

Canada
As seen in: Investing Canada, Investing.com, LinkedIn, AU Investing, Kalkine Media Canada, One Financial Markets, BFN Today, Jaun News UK
Chief Editor @InvestingcomCA

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Articles

Canadian Dollar higher vs. USD as crude prices provide support By Investing.com

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By Ketki Saxena
| Investing Canada Verified
By Ketki Saxena Investing.com – The Canadian Dollar edged higher against its U.S. counterpart on Wednesday, gaining support from crude prices and continuing its momentum following the Bank of Canada’s last week. Last week, the BoC kept rates on hold at a 22-year high of 5%, stating that it was too early to move to cutting rates. Following the BoC’s move, markets now expect a rate cut from the Canadian central bank in July at the earliest.
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Canadian Dollar posts biggest decline in 11 months after hot U.S. CPI reading

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By Ketki Saxena
| Investing Canada Verified
By Ketki Saxena Investing.com - The posted its biggest decline in 11 months vs. its US counterpart on Tuesday as hotter than expected data sent treasury yields surging, dramatically lowered expectations of a Fed rate cut in May, and turned sentiment in equities firmly risk off. U.S. CPI rose 3.1% on an annual basis in January, compared with the expectations for a 2.9% increase. Following the release of the reading, in May fell to roughly 33%, from 58% before the data release.
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Canadian Dollar little changed vs USD ahead of U.S. CPI Report

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By Ketki Saxena
| Investing Canada Verified
By Ketki Saxena Investing.com   The was little changed against its U.S. counterpart on Monday, continuing go trade in the holding pattern it’s been in since the middle of January. Trading remained thin as markets await Tuesday’s key U.S. , set to be a key driver for the pair.
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