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Canada CPI expected to rise 2.1% y/y down from 2.5% in July. US Retail Sales forecast is a drop of 0.2% m/m in August. US dollar steady and rangebound overnight....
Bank of Canada Governor Tiff Macklem hints at 50 bp rate cut US dollar slides and CAD underperforms. USDCAD: open 1.3580, overnight range 1.3566-1.3598, close 1.3587, WTI $68.19, Gold, $2586.06...
Odds of 50 bp Fed rate cut rise. Russia expels 6 UK diplomats US dollar trading defensively. USDCAD: open 1.3573, overnight range 1.3565-1.3585, close 1.3579, WTI $69.83, Gold, $2568.15 The...
ECB rate cut to be followed by cautious guidance. US data includes weekly jobless claims and August PPI US dollar trading sideways despite improved risk sentiment. USDCAD: open 1.3571, overnight...
US CPI data overshadows debate. USDJPY gives back all of its 2024 gains. US dollar retreats modestly, post-debate. USDCAD: open 1.3588, overnight range 1.3556-1.3579, close 1.3610, WTI $67.41, Gold, $2523.25...
China trade surplus soars on export increase. UK employment numbers support GBPUSD US dollar trading sideways with slight bid. USDCAD: open 1.3569, overnight range 1.3556-1.3579, close 1.3558, WTI $67.77, Gold,...
Weak US and Canadian jobs data sinks Loonie Markets are cautious ahead of US inflation numbers on Wednesday. US dollar trading with bullish bias. USDCAD: open 1.3566, overnight range 1.3552-1.3573,...
US and Canada job data on tap Opec delays production increase. US dollar trading with bearish bias across the board. USDCAD: open1.3493, overnight range 1.3486-1.3506, close 1.3502, WTI $69.53, Gold,...
BoC cuts rates and indicates more cuts to come. US employment data is in focus US dollar sank yesterday and is on the defensive today USDCAD: open 1.3514, overnight range...
Economic Outlook and Summary August is traditionally a quiet month for markets, with many traders and analysts taking summer vacations. Thin holiday markets led to some sharp moves, particularly early...
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