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22 Aug 2025
Trading news
Aug 22, 2025
Fed’s Collins signals openness to rate cut as soon as next month
Federal Reserve (Fed) Bank of Boston President Susan Collins signaled openness to a rate cut as soon as Septemebr, citing tariff pressures and potential labor market weakness despite near-term inflation risks, the Wall Street Journal reported on late Thursday.
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Aug 22, 2025
USD/CAD softens to near 1.3900 ahead of Powell's Jackson Hole speech
The USD/CAD pair loses traction to near 1.3905, snapping the three-day winning streak during the early Asian session on Friday. A rebound in crude oil prices provides some support to the commodity-linked Loonie.
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