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US and Canada Jobs data ahead. Markets hoping for Fed rate cut in September. US dollar trading defensively ahead of data. USDCAD: open 11.3609, overnight range 1.3602-1.3618, close 1.3613,...
US markets closed for July 4th holiday Risk sentiment improvements fuels US dollar sell-off. US dollar trading sharply lower, except against yen. USDCAD: open 1.3627, overnight range 1.3620-1.3643, close 1.3640,...
Economic Outlook and Summary Will they? Won’t they? And what will they say? That sums up the global market’s fixation on the US inflation outlook and Fed monetary policy in...
US markets close early today. FOMC minutes and plenty of US data on tap. US dollar retreats, posting losses across the board. USDCAD: open 1.3678, overnight range 1.3663-1.3756, WTI $82.86,...
Greenback rises with Trump presidential odds. JOLTS job-openings and Fed Powell in focus today. US dollar consolidating Monday’s gains. USDCAD: open 1.3731 overnight range 1.3727-56 close 1.3738, WTI $83.92,...
Canadian economy is expected to have grown 0.3% m/m in April. Canadian markets are closed on Monday. US dollar opens mixed after choppy overnight session USDCAD: open 1.3695, overnight range...
BoC July rate cut hopes downgraded. Lots of US data but little interest. US dollar inches higher in quiet overnight session. USDCAD: open 1.3683, overnight range 1.3678-1.3713, close 1.3703, WTI...
Loonie gives back post-CPI gains. Hawkish Fed-speak underpins greenback US dollar opens with gains across the board, except against AUD. USDCAD: open 1.3672, overnight range 1.3650-1.3694, close 1.3659, WTI $81.56,...
Canadian inflation data on tap. BoC Governor predicting economic soft landing. US dollar mixed in uneventful trading. USDCAD: open 1.3659, overnight range 1.3641-1.3663, close 1.3659, WTI $81.23, Gold, $2333.22 The...
Large USDCAD option expiries and Retail Sales ahead. Eurozone PMI’s weaker than expected. US dollar consolidating recent gains in subdued overnight session. USDCAD: 1.3676, overnight range 1.3670-1.3708, close 1.3694, WTI...
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