A prominent Lebanese singer and composer known for his vitriolic political views said he has been deported from Saudi Arabia after a 50-day detention — mostly in solitary confinement — because of opinions expressed online in support of Lebanon’s president and his ally the Iran-backed Hezbollah.
(MENAFN - DailyFX) Canadian Dollar Talking Points
USD/CAD pares the rebound from the monthly low (1.2610) as it struggles to climb back above the 50-Day SMA (1.2744), and the rebound from the yearly low (1.2589) appears to have been a correction in the broader trend rather than a change in behavior as key market themes remain in place.USD/CAD Rate Rebound Unravels Following Test of 50-Day SMA Advertisement
USD /CAD struggles to retain the advance following the US Retail Sales report even though longer-dated Treasury yields hold above pre-pandemic levels, and the exchange rate may consolidate over the remainder of the week as the Federal Open Market Committee (FOMC) Minutes highlight a wait-and-see approach for monetary policy.