By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar sank to a three-week low on Monday after comments by Federal Reserve officials reinforced market expectations that the U.S. central ba[...]
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Canada
Bank of Canada seen hiking rates quarter point to tame stubborn inflation
By Steve Scherer OTTAWA (Reuters) – The Bank of Canada (BoC) is heading toward a second consecutive quarter-point interest rate hike on Wednesday after a month of economic data revealed resilien[...]
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Dollar slips as US job growth slows in June, yen jumps
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar slumped on Friday after signs of a less resilient U.S. labor market reduced the outlook for how long the Federal Reserves will k[...]
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USTR flags energy concerns going into Mexico talks; urges steel monitoring
By Daina Beth Solomon and Cassandra Garrison MEXICO CITY (Reuters) -The U.S. sees some progress on an energy dispute with Mexico, although “deep-seated” concerns persist, U.S. Trade Repres[...]
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Canada port strike may add to inflation concerns ahead of rate decision
By Fergal Smith TORONTO (Reuters) -The Canadian dock workers strike is another factor for the Bank of Canada (BoC) to consider ahead of its policy announcement next week because the longer it drags on[...]
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Dollar eases after strong labor market reports
By Herbert Lash NEW YORK (Reuters) -The dollar eased after a brief rebound on Thursday as data showing the U.S. labor market remains strong increased chances the Federal Reserve will raise interest ra[...]
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BoC to raise rates 25 bps on July 12, possibly the last: Reuters poll
By Milounee Purohit BENGALURU (Reuters) – The Bank of Canada will raise interest rates by a quarter-point for a second straight meeting to 5.00% on July 12 following a five-month pause earlier t[...]
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Surprise Canada May trade deficit points toward slowing economy
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) – Canada recorded a surprise trade deficit in May, a sign economic growth may be slowing, as energy and grains dragged down exports and unwrou[...]
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Toronto home prices fall in June as borrowing costs rise
TORONTO (Reuters) – Greater Toronto Area (GTA) home prices fell in June, the first drop in five months, as the Bank of Canada’s move to restart its interest rate hiking campaign injected a[...]
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