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Negative rates are potential tool, but not considered right now – Fed’s Dudley

FXStreet (Mumbai) - Fed’s William Dudley, while addressing questions in New Jersey, said the negative rates is a potential tool, however, it is not under consideration at the Fed right now.

Earlier today, Dudley assured markets that there has not been a significant change in the economic situation following the December Fed rate hike.

USD/CAD sinks to 1.4440 on poor US data

The Canadian dollar is now retaking some ground lost to the greenback in early trade, dragging USD/CAD to the mid-1.4400s so far...
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EUR/USD hits fresh 2-week highs but falters ahead of 1.1000

EUR/USD climbed to fresh 2-week highs as the dollar weakened further during the American session following a string of disappointing economic data.
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