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On Tuesday, the Canadian dollar went up to its highest level in almost two months, buoyed by hawkish comments from Canada's major financial institution, while worries regarding UK political uncertainty suppressed the British pound.
At one point, Canada’s currency demonstrated its best outcome since April 17, hitting C$1.3274 per greenback, extending revenues after soaring more than 1% on Monday. The Canadian dollar last traded at C$1.3293, tacking on approximately 0.2% on the day.
On Monday, Bank of Canada Senior Deputy Governor Carolyn Wilkins told that first-quarter surge turned to be impressive enough and the signs that economic growth was extending would lead the major bank to consider whether current low interest rates would still be actual.
The British pound dropped 0.1%, hitting $1.2653, having lost 2.3% two days ago.
Against the Japanese yen, the evergreen buck was intact, keeping to 109.97. As for the common currency, it dropped 0.1%, being worth $1.1193.
On Tuesday, the evergreen buck kept to the highest levels of 2018 against the backdrop of hopes for higher American interest rates, while the UK currency rebounded from one-and-a-half week minimums notwithstanding everlasting Brexit uncertainty…
On Tuesday, the major Chinese currency managed to head north versus the evergreen buck after a report that American Treasury Secretary Steven Mnuchin had proceeded with negotiations with China Vice Premier Liu He…
The most popular digital coin, Bitcoin is still firm on Monday notwithstanding a recent rebound from $6,500…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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