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USD/CAD reverses and jumps above 1.0900

FXStreet (Córdoba) - The ">USD/CAD soared in the last hour and jumped from 2-week lows at 1.0859 to 1.0918, reaching the highest price since Thursday’s Asian session.

The US dollar rose against commodity currencies amid increasing tensions in Ukraine and hit fresh daily highs as stocks turned negative in Wall Street.

USD/CAD up despite Canadian employment report

The USD/CAD plummeted after the release of a correction in employment numbers from Canada, that surpassed analysts expectations. But the recent rally brought the price above the level it had before the release. Currently trades at 1.0912, up 0.10% for the day.

GBP/USD steady in the lows for week

GBP/USD is trading at 1.6687, up 0.01% on the day, having posted a daily high at 1.6703 and low at 1.6677.
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MPC dissent in August, but outliers not bellwethers - RBS

Analysts at RBS explained that the August Inflation Report prompted the financial markets to almost fully unwind expectations for a November 2014 Bank Rate hike.
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