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Dollar-Oil Link Is All That Matters Right Now in Currency Market

Buzz line2 months ago07 mins

The US dollar has been at the mercy of a single factor as war spirals in the Middle East: the price of oil. In just a week, a historic surge in energy prices brought on by the US-Israeli attack on Iran has upended inflation and growth outlooks across the world. That includes the US, where…

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Canadian dollar gains in limited move ahead of jobs data

Buzz line3 months ago03 mins

Canadian dollar gains 0.3% against the greenback Trades in a range of 1.3637 to 1.3685 Price of oil increases 1.5% 10-year yield touches a four-week high at 3.465% TORONTO, Feb 3 (Reuters) – The Canadian dollar strengthened against its US counterpart on Tuesday as oil prices rose and the greenback posted broad-based declines, but the…

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