Currencies
Currencies News
Dollar Tumbles to 10-Month Low as CPI, Retail Sales Fall Short
The dollar sank to a fresh 10-month low after closely watched gauges of U.S. inflation and retail sales missed estimates, casting a cloud over the outlook for monetary policy just days after testimony from Federal Reserve Chair Janet Yellen.
As the Loonie Takes Flight, FX Chart-Watchers See Room to Rally
The loonie’s surge after Canada became the first major economy to join the U.S. in tightening monetary policy has technical analysts forecasting more gains for this month’s best-performing Group-of-10 currency.