Bitcoin Slumps 3% Ahead of Key Clarity Act Vote
Bitcoin prices slumped ahead of a highly anticipated cloture vote on the Clarity Act, a key bill that would establish a comprehensive regulatory framework for…
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USD/CAD Surges After Drop in Inflation Lowers Bank of Canada October Rate Hike Odds
The Canadian dollar weakened to kick off the trading week after positive inflation data removed an interest rate hike from the Bank of Canada’s table…
US Dollar Index (DXY) Edges Higher on Growing Post-CPI Fed Rate Hike Expectations
The US dollar logged modest gains at the end of the trading week after a firm consumer price index (CPI) report increased odds that the…
US Oil Prices Firm Above $100 for First Time Since May on Iran War Fears
US crude oil prices topped $100 a barrel for the first time since May as investors grew nervous that the war in Iran could escalate…
Gold Plunges 2%, Silver Tanks 6% on Fed Rate Hike Expectations
Gold futures cratered on Thursday as a stronger US dollar and soaring Treasury yields weighed on the metals market. Gold gained momentum in August, but…
US Dollar Index (DXY) Flat After Treasury Plans to Buy $6 Billion in Long-Term Debt
The US dollar is little changed in overnight trading as financial markets digest the Treasury Department’s debt buyback operations. The US government unveiled its latest…
Loonie Rises 0.1% Against US Dollar After Trump Calls Currency Gap ‘Unacceptable’
The Canadian dollar was ticked up slightly during the quiet Labor Day holiday trading session after President Donald Trump warned the imbalance between the loonie…
Natural Gas Flat After Another Mild Supply Build
Natural gas futures were little changed on Thursday as the US government logged the 23rd consecutive week as national inventories continued to increase. Prices have…