Claudio Piron of BofA Securities says the U.S. dollar isn't the only currency set to benefit from the reflationary theme. It's also driving strength in commodity currencies.
Ben Emons from Medley Global Advisors explains why expectations for Fed tapering isn't causing concerns for the market.
Steven Major of HSBC says the market has already priced in Fed's taping sometime this year. Treasury yields could potentially fall later this year because optimism in Q1 has frontloaded the view for Q2.
UBS Global Wealth's Dominic Schnider foresees the USD/SGD pair to trade in the range of $1.30-$1.31 later in the year.
Markets & Economics
U.S. Chamber of Commerce blames weak jobs report on enhanced unemployment benefit, kicks off lobbying effort
The U.S. Chamber of Commerce blamed a $300-per-week federal jobless benefit for ...
Labor Secretary Marty Walsh said after April's disappointing jobs report that in...
U.S. firms hired far fewer workers than expected in April, as employers struggle...
Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much l...
When it comes to jobs, young people have been hit hard by the pandemic. New data from Statistics Canada finds 101,000 jobs were lost for those aged 15-24 in April. That's setting up a tricky summer for many young people who typically rely on finding work in restaurants, hotels and summer camps.
Amazon's annual Prime Day marketing event in Canada has been put on hold this year amid ongoing COVID-19 outbreaks at its facilities in Ontario's Peel Region.
Canada's economy lost 207,000 jobs in April, as a new round of government-ordered lockdowns forced businesses to lay off workers.
Small business owners in Prince Edward County are now routinely arranging or offering housing to try to secure summer staff who would otherwise be priced out of its booming housing market.
America's employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers as the economic recovery strengthens.
The Canadian dollar hit its highest level in almost four years on Thursday, buoyed by high commodity prices.