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ECB rate cut to be followed by cautious guidance. US data includes weekly jobless claims and August PPI US dollar trading sideways despite improved risk sentiment. USDCAD: open 1.3571, overnight...
US CPI data overshadows debate. USDJPY gives back all of its 2024 gains. US dollar retreats modestly, post-debate. USDCAD: open 1.3588, overnight range 1.3556-1.3579, close 1.3610, WTI $67.41, Gold, $2523.25...
China trade surplus soars on export increase. UK employment numbers support GBPUSD US dollar trading sideways with slight bid. USDCAD: open 1.3569, overnight range 1.3556-1.3579, close 1.3558, WTI $67.77, Gold,...
Weak US and Canadian jobs data sinks Loonie Markets are cautious ahead of US inflation numbers on Wednesday. US dollar trading with bullish bias. USDCAD: open 1.3566, overnight range 1.3552-1.3573,...
US and Canada job data on tap Opec delays production increase. US dollar trading with bearish bias across the board. USDCAD: open1.3493, overnight range 1.3486-1.3506, close 1.3502, WTI $69.53, Gold,...
BoC cuts rates and indicates more cuts to come. US employment data is in focus US dollar sank yesterday and is on the defensive today USDCAD: open 1.3514, overnight range...
Economic Outlook and Summary August is traditionally a quiet month for markets, with many traders and analysts taking summer vacations. Thin holiday markets led to some sharp moves, particularly early...
Traders expect a 25 bp rate cut from Bank of Canada. JOLTS Survey is focus for traders today. US dollar consolidating yesterday’s moves. USDCAD: open 1.3556, overnight range 1.3533-1.3563, close...
Traders looking ahead to Friday’s US nonfarm payrolls report. Bank of Canada expected to cut rates by 25 bps tomorrow. US dollar is bid to start the week. USDCAD: open 1.3535, overnight range 1.3476-1.3548, close1.3496,...
Canadian economic growth expected to have slowed in June. US Core PCE-Price index forecast at 0.2% m/m (previous 0.1%) US dollar opens a tad firmer across the board. USDCAD: open...
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