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IN THE NEWS
"The fear of inflation leading to recession is hitting commodity currencies very hard," said Amo Sahota, director at Klarity FX. #recession #inflation #riskmanagement $USD https://www.yahoo.com/entertainment/canada-fx-debt-c-hits-204236723.html
https://financialpost.com/pmn/business-pmn/c-rallies-as-greenback-gives-back-some-recent-gains
The market seems to be moving away from the recent theme of rising U.S. bond yields driving the greenback higher and “diversifying risk,” said Amo Sahota, director at Klarity FX in San Francisco. $USDCAD 1.2847 #USDollar #yields #riskmanagement
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