USD/CAD Breaks 1.37 with 0.25% Intraday Gain on May 8

GateNews

According to market data, the U.S. dollar strengthened against the Canadian dollar, with USD/CAD breaking through 1.37 today (May 8), posting intraday gains of 0.25%.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

White House NEC Director Signals Rate Cuts Expected This Year, Sees No Inflation Spiral

According to BlockBeats, on May 8, White House National Economic Council Director Hassett said there are no signs of inflation spiraling out of control, meaning the Federal Reserve has no need to raise rates. He expects the U.S. will see rate cuts this

GateNews6m ago

U.S. White House Official Expects EU Trade Deal by July 4

Hassett, director of the National Economic Council at the White House, expects the U.S. and European Union to reach a trade agreement before July 4.

GateNews8m ago

Russia's Foreign Exchange and Gold Reserves Fall to $75.75B in Week Ending May 1

Russia's foreign exchange and gold reserves declined to $75.75 billion in the week ending May 1, down from $77.17 billion in the prior week, according to central bank data.

GateNews26m ago

U.S. April Nonfarm Payrolls Rise to 115,000, Beating 62,000 Forecast

According to the U.S. Bureau of Labor Statistics, April nonfarm payrolls increased by 115,000, significantly exceeding the forecast of 62,000. Healthcare, transportation, warehousing, and retail sectors added jobs, while federal government employment continued to decline. The prior month's figure wa

GateNews41m ago

Canada's Unemployment Rate Rises to 6.9% in April, Hitting Six-Month High

According to Jin 10, Canada's unemployment rate rose to 6.9% in April, reaching a six-month high.

GateNews48m ago

U.S. Interest Rate Futures Show Slight Decline in Probability of Fed Rate Hikes in 2026 on May 8

According to BlockBeats, on May 8, U.S. interest rate futures showed the probability of Federal Reserve rate hikes in 2026 declined slightly, according to data from Golden Ten.

GateNews50m ago
Comment
0/400
No comments