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Dec 17, 2024
Canadian Dollar slumps as Canadian CPI inflation cools further
The Canadian Dollar (CAD) plunged to a fresh multi-year low on Tuesday, falling four-tenths of a percent against the Greenback and pushing USD/CAD to its highest bids in nearly five years, sending the pair above 1.4300 for the first time since March of 2020.
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Dec 17, 2024
US Dollar sees upward momentum stall on mixed Retail Sales
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades with gains around 106.80 on Tuesday, as upward momentum stalls following November’s Retail Sales release.
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