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9 Jan 2020

Fed's Evans: US job growth to decelerate over time

Charles Evans, President of the Federal Reserve Bank of Chicago, said that he sees job growth in the US to decelerate over time, as reported by Reuters.

Evans further added that he expects inflation to move close to the Fed's target of 2% in 2020 and reiterated that the US economy was in a very good place.

These comments were largely ignored by the market participants and the US Dollar Index was last up 0.13% on a daily basis at 97.44.

Jan 9, 2020

Canada: Housing Starts show a negative surprise – NFB

Data released today showed that Housing Starts in Canada dropped from 204.3K to 197.3K in December. Kyle Dahms, analyst at the National Bank of Canada
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Jan 9, 2020

USD/CAD Price Analysis: Greenback bounces from 26-month lows vs. CAD

The market is reversing up sharply after reaching levels not seen since October 2018. However, USD/CAD trades below its main SMAs, which suggest an underlying
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