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U.S. May not seasonally adjusted used cars and trucks inflation YoY -2%, prior -2.7%.

2026-06-10

U.S. May not seasonally adjusted used cars and trucks inflation YoY -2%, prior -2.7%.

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2026-06-10

EIA now expects OECD oil inventories to fall to their lowest level since 2003.

EIA now expects OECD oil inventories to fall to their lowest level since 2003.
2026-06-10

The Canadian dollar tumbled to its weakest since December, with USD/CAD reaching 1.3969 on Tuesday, marking a year-to-date low. Brent crude, a key Canadian export, slid below $90/barrel, adding downside pressure on the currency. Markets widely expect

The Canadian dollar tumbled to its weakest since December, with USD/CAD reaching 1.3969 on Tuesday, marking a year-to-date low. Brent crude, a key Canadian export, slid below $90/barrel, adding downside pressure on the currency. Markets widely expect the Bank of Canada to hold its policy rate at Wednesday’s decision, pricing a slower hiking path than other major central banks. JP Morgan FX strategist Pat Locke flagged a mildly dovish risk from the BoC and said his team favors short CAD/USD positions. After the April 29 meeting the BoC said current rates “appear appropriate.” Since that meeting the loonie has fallen more than 2%, the weakest G10 currency. CFTC data show speculators increased bearish CAD bets for a third consecutive week.
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