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Reuters

Reuters

Morning Bid: Dollar rides rising yields, Canada set to ease

Reuters
Summary
Nutrition label

81% Informative

The dollar continues to ride higher on the back of an anxious pre-election climb in U.S. Treasury yields, notching its best levels in almost three months against the euro and yen.

The yen continued to weaken past 152 per dollar for the first time since July ahead of the weekend election in Japan .

The Bank of Canada is expected to cut its interest rates again later on Wednesday by up to 50bps .

VR Score

91

Informative language

96

Neutral language

82

Article tone

formal

Language

English

Language complexity

66

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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