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IN THE NEWS
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
http://t.ly/Igch Talk of aggressive Federal Reserve #tightening “has certainly lit a fire under the $USD and yields & I think the loonie is getting punished on that,” said Amo Sahota, director at Klarity FX. “The U.S. is talking 50 basis points like (it’s) a breeze now.”
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