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Bank of Canada widely expected to announce 25 bp rate cut today. Risk sentiment is mixed ahead of upcoming ECB meeting and US nonfarm payrolls. US dollar trading defensively but...
Falling oil prices weigh on Loonie. US Treasury yield plunge sinks US dollar. US dollar opens with losses across the board except against CAD and MXN USDCAD: open 1.3694, overnight...
Economists are split as to whether BoC cuts Wednesday or in July Opec announces that production cuts will stay until December 2025. US dollar opens defensively to start the...
Canadian Dollar turns bullish May 31, 2024 Canada’s economy is not expected to show any growth in March. A slightly softer US PCE -Price Index is anticipated. US dollar trading...
Bond traders driving FX markets US 10-year Treasury yield drifts lower, ahead of US GDP and jobless claims data. US dollar consolidates Wednesday’s gains but off its best levels....
USDCAD: open 1.3661, overnight range 1.3641-1.3678, close 1.3645, WTI $80.59, Gold, $2345.26 Treasury yield spike sinks Loonie. Canadian and US economic calendars are very light. US dollar consolidating Tuesday’s...
More Fed talk and US Consumer Confidence data in focus Sentiment is building for soft PCE-Prices data on Friday. US dollar on the defensive in mildly positive risk environment....
USD/CAD Open: 1.3669, Overnight Range: 1.3665-1.3697, Previous Close: 1.3695 WTI Oil open at $78.07 and gold open at $2,364.40. US markets are lower today. For today, USD resistance is at...
USD/CAD Open: 1.3657, Overnight Range: 1.3624-1.3669, Previous Close: 1.3655 WTI Oil open at $78.04 and gold open at $2,417.44. US markets are lower today. For today, USD resistance is at...
USD/CAD Open: 1.3630, Overnight Range: 1.3622-1.3644, Previous Close: 1.3619 WTI Oil open at $78.58 and gold open at $2,416.17. US markets are higher today. For today, USD resistance is at...
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