United States EIA Crude Oil Stocks Change came in at 8.53M, above expectations (-0.2M) in February 6

Feb 11, 2026

Fed’s Schmid: Further rate cuts could allow higher inflation for longer

Federal Reserve (Fed) Bank of Kansas City President, Jeffrey Schmid, said it is appropriate to maintain a restrictive monetary policy as inflation approaches 3%.

USD/CAD climbs on USMCA concerns and firmer US labour data

USD/CAD edges higher on Wednesday after reports that the US is privately considering withdrawing from the US-Mexico-Canada Agreement (USMCA), weighing on the Canadian Dollar (CAD). At the time of writing, the pair trades around 1.3612, rebounding from intraday lows near 1.3500.