Page 5 - March Retail News Today : Breaking News, Live Updates & Top Stories | Vimarsana

USD/CAD - Canadian Dollar Extends Gains The Canadian dollar is plumbing the depths of three-year lows in early New York trading. Commodity prices continue to climb, leading to some analysts speculating about a commodity super-cycle. That is good news for the Canadian dollar as Canada’s economic growth is still heavily reliant on natural resource exports. The Canadian dollar continues to grind higher due to expectations for a robust post-pandemic economic boom, fueled by massive fiscal and monetary stimulus from Canadian and U.S. governments, in a low-interest-rate environment. U.S. Federal Reserve policymakers were out in force yesterday, unanimously pushing back against the notion that the Fed will need to raise interest rates if inflation rises. Fed Vice Chair Richard Clarida said they were still a long way from their goals and now was not the time to talk about tapering. Boston Fed President Eric Rosengren echoed Clarida’s remarks, saying they need to see

New yorkUnited statesUnited kingdomLoretta mesterRichard claridaRahim madhavjiEric rosengrenVice chair richard claridaFed president eric rosengrenFed president loretta mesterAustralia economic dialogueGerman factory ordersMarch retailJobless claimsபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்