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ECB rate cut of 25 bps fully priced in. Canada may retaliate to steel tariff increase. US dollar is soft due to rising Fed rate cut hopes USDCAD: open 1.3664,...
Economic Outlook and Summary May turned out to be more bark than bite. Markets braced for tariff fallout, Fed pivot signals, and a growth scare—but what they got was a...
White House trade offer deadline today-comply or face higher tariffs Bank of Canada policy meeting today-no change in rates US dollar range trading ahead of NFP on Friday USDCAD:...
US Core-PCE prices index in focus. Tariff turmoil weighing on price action. US dollar lost ground in May-MXN outperforms. USDCAD: open 1.3819, overnight range 1.3801-1.3830, close 1.3808, WTI 61.32,...
Post Court of International trade tariff decision gains fading. US data includes GDP and Core PCE expenditures US dollar opens mixed in choppy trading USDCAD: open 1.3822, overnight range...
FOMC minutes unlikely to offer fresh insight. RBNZ cuts rates by 25 bps to 3.25%-more cuts ahead. US dollar opens mixed in uninspired trading. USDCAD: open 1.3825, overnight range...
Equities Rally on Japan’s bond plans US Durable Goods Orders data on tap. US rallies across the board on lower Treasury yields. USDCAD: open 1.3761, overnight range 1.3722.1.3769, close...
Trump Gives EU reprieve on 50% tariff—until July 9 US and UK holidays ensure quiet Monday US dollar decline resumes USDCAD: open 1.3720, overnight range 1.3687-1.3740 close 1.3735, WTI...
US and UK markets are closed on Monday Canada Retail Sales data for March on tap-forecast 0.7% m/m (vs -0.4% previously) US dollar extends losses in pre-long weekend trading. ...
US Treasury Secretary agrees yen is fairly valued. Global equities extend losses-S&P 500 futures in positive territory. US dollar is consolidating yesterday’s losses USDCAD: open 1.3881, overnight range 1.3846-1.3885, close...
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