The post Eyes on BoE Governor Bailey testimony, Canadian inflation data appeared on BitcoinEthereumNews.com.

Here is what you need to know on Tuesday, February 20: Financial markets remain relatively quiet following Monday’s subdued action. Bank of England (BoE) Governor Andrew Bailey and other policymakers will testify on monetary policy before the UK Treasury Select Committee during the European trading hours. Later in the day, Statistics Canada will release Consumer Price Index (CPI) data for January. Canada CPI Preview: Forecasts from seven major banks, inflation likely eased in January. Stock and bond markets in the US return to action following a long weekend. The benchmark 10-year US Treasury bond yield holds steady at around 4.3% and US stock index futures trade in negative territory in the European morning. Meanwhile, the US Dollar (USD) Index clings to modest daily gains above 104.00 after closing the first day of the week virtually unchanged. US Dollar price this week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the strongest against the Swiss Franc.   USD EUR GBP CAD AUD JPY NZD CHF USD   0.10% 0.16% 0.18% 0.06% 0.20% -0.08% 0.28% EUR -0.10%   0.06% 0.07% -0.04% 0.10% -0.19% 0.18% GBP -0.16% -0.06%   0.02% -0.11% 0.04% -0.24% 0.12% CAD -0.18% -0.08% -0.02%   -0.12% 0.03% -0.26% 0.10% AUD -0.05% 0.05% 0.11% 0.12%   0.14% -0.14% 0.22% JPY -0.19% -0.11% -0.01% -0.03% -0.14%   -0.28% 0.07% NZD 0.09% 0.18% 0.24% 0.26% 0.14% 0.28%   0.36% CHF -0.31% -0.21% -0.12% -0.10% -0.25% -0.08% -0.36%   The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage…

---

Filed under: News - @ February 20, 2024 9:12 am