USD – The dollar index retreated from earlier highs and fell on Tuesday as Wall Street stocks initial declines amid growing hopes that inflation may have peaked. Nevertheless, USDJPY still managed to hit its highest level in 20 years at 132.998.
CAD – The Canadian dollar strengthened to its highest level in nearly seven weeks on Tuesday as oil prices rose and Canadian bond yields climbed further above their US counterparts.
CAD – The Canadian dollar strengthened to its highest level in nearly seven weeks on Tuesday as oil prices rose and Canadian bond yields climbed further above their US counterparts.