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Day: March 2, 2021

Economists see first signs in data that vaccine is working

Economists following the high-frequency data on virus infections are seeing initial signs that the vaccine is having positive effects on deaths and infection rates. While they caution that the signs are tentative, they point to two areas: the decline in the percentage of Covid-related deaths from nursing home residents and infection numbers running below their …

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Fed policy changes could be coming in response to bond market turmoil, economists say

Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg | Getty Images While the Federal Reserve may not raise its benchmark interest rate for years, there are growing expectations it may tweak policy soon to address some of the recent tumults in the …

Fed policy changes could be coming in response to bond market turmoil, economists sayRead More

USDCAD Struggles To Cement Gains As Bearish Bias Overpowers

USDCAD is somewhat caught between the 200- and 50-period simple moving averages (SMAs) after the impressive rally from the 3-year low of 1.2467, pulled back under the 200-period SMA. The downturn in the red Tenkan-sen line together with the flattening blue Kijun-sen line are indicating fading in the positive drive, while the sliding SMAs are …

USDCAD Struggles To Cement Gains As Bearish Bias OverpowersRead More