United States Baker Hughes US Oil Rig Count down to 485 from previous 488

Jun 21, 2024

USD/NOK recovers following NB hawkish hold.

On Friday, the USD/NOK recovered towards 10.575 and cleared most of Thursday's losses.

Canadian Dollar snaps five-day win streak despite firm Retail Sales beat

The Canadian Dollar (CAD) is struggling to overtake the US Dollar (USD) on Friday, buckling under the weight of a thin, five-day win streak against the Greenback after the US Purchasing Managers Index (PMI) firmly beat forecasts, bolstering the Greenback and leaving the CAD to compete for second place.