As the week draws to a close in Asia, USD/CAD has remained steady with its price hovering around 1.3580, just below its daily high of 1.3601.
On Thursday, the US Dollar strengthened following the release of Unemployment Claims data, which indicated a robust US labor market. Consequently, the yield on two-year Treasury notes, which are sensitive to interest rate expectations, rose to levels not seen since July 2007. Futures inched higher, with the market predicting a peak rate of 5.493% in fed funds by September, before easing slightly later in the session to 5.447%.
Attention is now focused on the Federal Reserve, with Atlanta Fed President Raphael Bostic stating on Thursday that the Fed is prepared to continue raising rates if inflation doesn't slow. Bostic also mentioned that the Fed is still considering how recent inflation data, which was stronger than expected, might shape their policy. According to Bostic, the impact of higher rates on the economy may only begin to "bite" in earnest this spring, which supports the argument for the Fed to stick with "steady" quarter-point rate increases.
On Thursday, the US Dollar strengthened following the release of Unemployment Claims data, which indicated a robust US labor market. Consequently, the yield on two-year Treasury notes, which are sensitive to interest rate expectations, rose to levels not seen since July 2007. Futures inched higher, with the market predicting a peak rate of 5.493% in fed funds by September, before easing slightly later in the session to 5.447%.
Attention is now focused on the Federal Reserve, with Atlanta Fed President Raphael Bostic stating on Thursday that the Fed is prepared to continue raising rates if inflation doesn't slow. Bostic also mentioned that the Fed is still considering how recent inflation data, which was stronger than expected, might shape their policy. According to Bostic, the impact of higher rates on the economy may only begin to "bite" in earnest this spring, which supports the argument for the Fed to stick with "steady" quarter-point rate increases.
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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน