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China cuts 1 and 5 year LPR US dollar opens with gains except against CHF. USDCAD: open 1.3822, overnight range 1.3799-1.3827, close 1.3802, WTI $69.86, Gold, $2734.48 USDCAD is...
Risk sentiment rises in Asia as PBoC hints at RRR cuts. WTI oil prices trade defensively. US dollar consolidates recent gains in a mixed session overnight. USDCAD: open 1.3793,...
ECB expected to cut rates 25 bps today, which is fully priced in. European equities and S&P 500 futures trading higher. US dollar opens mixed but mostly firmer. USDCAD:...
GBPUSD sinks on weak inflation and Retail Price Indexes. Global equities trading defensively US dollar opens with small gains except against CAD. USDCAD: open 1.3786, overnight range 1.3772-1.3793 close...
Canadian employment data expected to show 27,000 new jobs. Bank of Canada Business Outlook Survey due at 10:30 am. US dollar a tad softer compared to the close but remains...
M&A flow may be weighing on Loonie. FOMC minutes on tap US dollar opens directionless ahead of inflation USDCAD: 1.3666, overnight range 1.3643-1.3675, close 1.3648, WTI $74.22, Gold, $2617.78 The...
Loonie suffering from broad-based US dollar strength. WTI oil prices fall 4.0% US dollar opens with a mixed tone-commodity bloc currencies underperform. USDCAD: 1.3645, overnight range 1.3611-1.3648, close 1.3620, WTI...
Markets trading cautiously after Friday’s volatility. Oil prices rise on fresh supply concerns US dollar slightly extends Friday’s gains, except against majors. USDCAD: open 1.3590, overnight range 1.3568-1.3599, close 1.3576,...
US NFP expected at 142,000 (previous 140,000) Oil rises with geopolitical tensions, US dollar traded quietly overnight ahead of today’s US employment numbers. USDCAD: open 1.3557, overnight range 1.3544-1.3568, close...
Economic Outlook and Summary September was mostly a “risk-on” month thanks to Powell’s dovish comments at the end of August. His remarks propelled the US 10-year Treasury yield to 3.60%...
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