Canadian Dollar Update – Canadian dollar on the back foot
Canada expected to recoup last months job losses. US/UK trade announcement is no deal, merely hyperbole US dollar opening with gains compared to the close but lower than yesterday. USDCAD:...
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Canada expected to recoup last months job losses. US/UK trade announcement is no deal, merely hyperbole US dollar opening with gains compared to the close but lower than yesterday. USDCAD:...
UK/US trade deal announcement at 10:00 am Bank of England cuts rates by 25 bps, as expected US dollar rallies across the board. USDCAD: open 1.3884, overnight range 1.3813-1.3890, close...
FOMC meeting today-rates to be left unchanged. Trump blinks and China agrees to meet—in Switzerland US dollar trading with a mixed bias on improved risk sentiment. USDCAD: open 1.3798, overnight...
US/CAD bilateral trade negotiations are in the spotlight. Hong Kong Monetary Authority says it is diversifying from US assets. US dollar claws back some losses. USDCAD: open 1.3829, overnight range...
Opec says it will increase production by another 411k barrels/day in June. China, and UK closed for holiday. US dollar trading with a neutral bias in thin trading USDCAD: open...
Economic Outlook and Summary April delivered another body blow to global markets. President Trump’s April 2 announcement of a 10% tariff on imports from 60 countries caught many off guard,...
Risk sentiment improves as US/China trade tensions thaw. US NFP expect to rise 130,000 vs 228,000 in April. US dollar opens mostly lower compared to Thursday, ahead of jobs data....
Bank of Japan leaves rates unchanged-blames tariff uncertainty. S&P 500 futures soar in holiday-thinned markets US dollar grinds higher USDCAD: open 1.3823, overnight range 1.3784-1.3825, close 1.3801, WTI 56.70, Gold...
US data eyed for details of Trump’s tariff fall-out. Eurozone data dump largely ignored US dollar grinds out gains-CAD and MXN outperform USDCAD: open 1.3834, overnight range 1.3817-1.3847, close 1.3834,...
Carney leads Liberals to victory—opposition leaders lose their seats. US JOLTS data and Consumer Confidence put the focus on recession risks. US dollar opens higher compared to close. USDCAD: open...
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