Currencies
Currencies News
Dollar Rebounds as Treasury Yields Rise; CAD Gains, Yen Falls
The Canadian dollar and the British pound rose in U.S. trading Tuesday while the dollar gained against the Japanese yen as traders shifted positions to cope with fresh drivers now that the macro cues of the Trump inauguration and the court decision on Brexit have passed.
China’s Efforts to Stem Capital Outflows Are Starting to Pay Off
China’s campaign to stop cash flooding out of the country is showing some success.