Fed's Kaplan: Unemployment can go lower than 4.5% - Reuters

Robert Steven Kaplan, the president of the Federal Reserve Bank of Dallas is crossing the wires, via Reuters:

  • I expect more slack to be taken out of labor market
  • Inflation to continue to rise to 2%
  • Unemployment rate can go lower than 4.5%

USD/CAD drops further post-BoC, near 1.3270

The Canadian Dollar has picked up extra pace today, now sending USD/CAD to record fresh daily lows in the 1.3280/70 band. USD/CAD weaker on steady Bo
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United States EIA Crude Oil Stocks change came in at -2.166M below forecasts (0.087M) in April 7

United States EIA Crude Oil Stocks change came in at -2.166M below forecasts (0.087M) in April 7
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