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The only exceptions are the Australian and Canadian dollars which are down modestly. The risk of further US dollar strength cannot be ruled out, especially if global equity indices continue to be unstable. You can have a trend, but a trend with two-way risk. The Bank of England left the door wide open to a May rate increase because of high inflation and stronger global growth than previously forecast.
Athletics by Anna Kessel
The global equity market correction is a bit of a blessing for the Bank of Canada. The BoC justified the January 17 increase in the overnight rate to 1. The market focus shifted to the US dollar. It was falling steadily and lifted the Loonie in the process. They were saved by the US employment report and the rise in hourly wages.
Opinion: US men accomplish immediate goal but medals podium seems even further away
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- Aly Raisman and the Suspense of the Olympic Balance Beam.
- Aly Raisman and the Suspense of the Olympic Balance Beam;
- Aly Raisman and the Suspense of the Olympic Balance Beam - WSJ.
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