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FOMC minutes are the highlight of a light US economic calendar. Nonfarm payroll revisions to benchmark could roil markets. US dollar continues to fall on dovish Fed speculation. USDCAD: open...
Soft US inflation data hope driving US dollar down. RBNZ turns dovish and cuts rates by 25 bps. US dollar trading with negative bias. USDCAD: open 1.3702, overnight range 1.3700-1.3721,...
US PPI ex food and energy forecast 2.7% y/y vs June 3.0% WTI oil prices climb on escalating Iran and Israel tensions. US dollar opens mixed-Commodity currencies outperform. USDCAD: open...
Canada’s unemployment rate expected to rise to 6.5% from 6.4%. Global equity rally improves risk sentiment. US dollar slides with stock market gains. USDCAD: open 1.3733, overnight range 1.3718-1.3744, close...
Equity rally was short-lived-global indices posting losses. BoC minutes show policymakers fear slowing growth. US dollar trading quietly on a mixed note. USDCAD: open 1.3746, overnight range 1.3727-1.3762, close 1.3760,...
Sunny days-global equity indexes rally. Loonie soars as CAD/US interest rate spreads narrow. US dollar trading defensively but JPY sharply lower. USDCAD: open 1.3748, overnight range 1.3748-1.3791, close 1.3785, WTI...
Safe-haven demand weighing on Treasury yields while boost gold prices. US nonfarm payrolls forecast to rise 180,000 in July (previous 206,000). US dollar opens mixed, consolidating yesterday’s gains. USDCAD: open...
GBPUSD tumbles after BoE cuts rates. Fed keeps September rate cut hopes alive. US dollar rebounds from yesterday’s lows. USDCAD: open 1.3833, overnight range 1.3800-1.3836, close 1.3808, WTI $78.52, Gold,...
FOMC decision ahead BoJ hikes rates to 0.25% US dollar opens on mixed note as yen outperforms. USDCAD: open 1.3843, overnight range 1.3834-1.3859, close 1.3850, WTI $76.74, Gold, $2421.14...
Canadian Dollar rises modestly July 26, 2024. Key US inflation data on tap. Global risk sentiment improves marginally. US dollar gives back some of this weeks gains. USDCAD: open 1.3815,...
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