Canada dollar knocked around after Fed; bonds rise
Canada dollar knocked around after Fed; bonds rise
The Canadian dollar bounced back and forth against the greenback on Tuesday as the U.S. Federal Reserve left interest rates unchanged and gave a statement that appeared to leave the door open for more rate hikes if needed.
Bonds slip as market eyes auctions
The declines came after the Federal Reserve paused a 25-month rate tightening cycle Tuesday, citing moderating growth as the reason to keep its target funds rate at 5.25 percent.
Bonds on Fed watch
Treasury prices dipped Tuesday morning after a report showed labor costs surged in the second quarter, rattling investors waiting to see what the Federal Reserve will do when it meets in the afternoon.
Stocks up on Cisco, bonds fall on supply
(Updates to add U.S. oil inventory data; changes byline, dateline, previous LONDON) By Jennifer Coogan NEW YORK, Aug 9 (Reuters) - U.S. stocks rallied on Wednesday after better-than-expected earnings from Cisco Systems Inc. showed signs of robust business spending, while Treasury bonds slipped amid a flurry of new supply.
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