Volatility continues for Canadian dollar
After ending 2o21 with strong gains, the Canadian dollar didn't miss a beat and continued to show volatility on the first day of the New Year, this time posting sharp losses. In the North American session, USD/CAD is trading at 12761, up 0.95% on the day.
The US dollar is showing broad strength on Monday, courtesy of a surge in US Treasury yields.
03-01-2022 11:52 GMT
by Kenneth Fisher