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US Michigan Consumer Sentiment ahead. US dollar remains on the defensive after soft data yesterday. USDCAD: open 1.3962, overnight range 1.3935-1.3969, close 1.3960, WTI 61.60, Gold 3209.40 The Canadian dollar...
WTI oil prices fall 3.8% on possible US/Iran nuclear deal. US Retail Sales and speech by Powell in focus today. US dollar mixed overnight but claws back losses from yesterdays...
US/China: US claims “a deal”—China “important consensus” Equities and greenback soar, Treasury yields rise. US dollar rebounds with gains across the board USDCAD: open 1.3970, overnight range 1.3901-1.3988, close 1.3939,...
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....
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