February 2018

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Gold Posts Weekly Loss, Fed Rate Outlook Murky

Gold futures were slightly lower Friday as the Federal Reserve issued its monetary policy report to Congress. The Fed hinted that it plans three rate hikes in 2018, in line with its previous projections. “The…

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Loonie Strengthens After Strong Canadian Inflation Data

The Canadian dollar moved up against its major counterparts in the European session on Friday, following the release of a data showing improving domestic consumer inflation in January. Data from Statistics Canada showed that consumer…