Loonie firms as oil hits highest since May and US eyes Canada tariff relief
The Canadian dollar firmed as war worries pushed oil to its highest since May and a report said the US may lift some tariffs on Canadian goods.
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The Canadian dollar firmed as war worries pushed oil to its highest since May and a report said the US may lift some tariffs on Canadian goods.
The euro sagged as France's October PMI fell into contraction and eurozone data missed, while the yen held haven gains and UK PMIs beat forecasts.
The yen climbed to a five-week high as AI worries sank the Nasdaq and US 10-year yields closed at a one-month low, with Japan CPI and the BoC next in focus.
The yen rose to a three-week high as Gulf shipping attacks and AI stock jitters drove safe-haven flows, while US Treasury yields fell to one-month lows.
The dollar edged up late as Gulf embassy warnings lifted oil, a US 20-year auction tailed and New Zealand Q3 CPI eased to 3.7%, below forecasts of 3.8%.
Sterling rose after UK CPI hit 3.5% against 3.4% expected, while RBA's Hauser put a November hike in play and the dollar held near a 3-week low.
Bitcoin briefly fell to $79,263 as CoinDesk tied weekend selling to US Middle East evacuations, then steadied at $80,560 with Fear & Greed at a neutral 51.
Bitcoin fell 1.08% to $80,700 after a $635.6 million ETF outflow, as altcoins lagged and HSBC switched on a Hong Kong dollar stablecoin in PayMe.
Bitcoin briefly fell below $81,000 as Brent crude rose and stocks slipped, while the SEC named tokenization an exam risk and a senator probed Tether payments.
Bitcoin held near $81,600 as US spot ETFs lost $635 million, ending a three-day inflow streak, while Fear & Greed fell to a neutral 50 from 68.
Bitcoin fell 3.29% to $81,328 near the ETF cost basis as Trump's Iran comments and oil above $111 hit stocks, while ETFs drew about $1.07 billion in three days.
Bitcoin fell 2.59% to $81,670 after a failed run toward $85,000, as AI doubts, a Kospi slump and higher oil pushed markets risk off and altcoins slid.