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Canadian Dollar recovers further ground after US PMIs bolster rate cut hopes
Canadian Dollar finds room against softer Greenback post-PMI. Canada Retail Sales due Wednesday ahead of Thursday’s US GDP. Despite PMI gains, CAD upside remains limited as Crude Oil softens further. The Canadian Dollar (CAD) stepped higher against the US Dollar (USD) after US Purchasing Managers In
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ECB's Villeroy: Barring a major surprise, we should cut rates in next meeting
French central bank head and European Central Bank (ECB) policymaker Villeroy de Galhau said on Thursday that they could cut rates in the next meeting, barring a major surprise, per Reuters. Key takeaways "The risk would be to be behind the curve and to pay a too high cost bin terms of economic acti
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