Millennials #IRL
Millennials will advance in their careers, achieve peak income, accumulate stronger purchasing power, which will increase their influence in the consumer marketplace. Companies that can adapt to millennials' spending preferences will be able to thrive and profit.
- Reuters
Canadian dollar hits 2-week low as global shares slide
The Canadian dollar fell to its lowest in more than two weeks against its broadly stronger U.S. counterpart on Wednesday, as rising coronavirus cases weighed on investor sentiment and ahead of a Federal Reserve interest rate decision. Shares fell globally as investors turned more cautious about COVID-19 and stretched stock valuations, with the Fed's first meeting of the year and earnings from tech giants also in focus. Canada will soon make foreign travel harder in a bid to clamp down on the coronavirus, Prime Minister Justin Trudeau said on Tuesday without giving details.
- FX Empire
Economic Data, the FED, and Capitol Hill and U.S Stimulus News Puts the Dollar in the Spotlight
Economic data from Germany and the U.S will influence. Expect the FED and news updates from Capitol Hill to be key, however. COVID-19 news will also need tracking…
- Reuters
Canadian dollar rallies as records fall on Wall Street
The Canadian dollar strengthened against its U.S. counterpart on Tuesday, recovering from an earlier eight-day low, as corporate earnings bolstered Wall Street and the greenback broadly declined. "It seems to be a fairly broad-based USD move," said Erik Nelson, a currency strategist at Wells Fargo in New York. Canada will seek exemptions to a U.S. effort to ensure federal agencies buy American-produced goods, Prime Minister Justin Trudeau said, as business groups expressed concern about the potential impact.
