WASHINGTON: U.S. Treasury Secretary Janet Yellen on Sunday said she was working closely with banking regulators to respond to the collapse of Silicon Valley Bank and protect depositors, but a major bailout was not being considered.
Yellen told the CBS News “Face the Nation” show that she had been working with regulators to “design appropriate policies to address the situation,” but declined to give further details.
USDCAD h1 price is sideways in the 1.3760-1.3860 zone. Currently, the price is approaching the support area of 1.3760 and shows signs of turning up again. Recommended buy to current price 1.3765, SL: 1.3730, TP: 1.3830
Yellen told the CBS News “Face the Nation” show that she had been working with regulators to “design appropriate policies to address the situation,” but declined to give further details.
USDCAD h1 price is sideways in the 1.3760-1.3860 zone. Currently, the price is approaching the support area of 1.3760 and shows signs of turning up again. Recommended buy to current price 1.3765, SL: 1.3730, TP: 1.3830
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