USDCAD Technical Outlook: Bulls lose grip as dip below MAs tilt bias to the downside
The USDCAD saw an attempted breakout earlier this week fueled by broad USD strength. Remarkably, this move higher occurred despite rising oil prices—which typically support the Loonie (lower USDCAD)—highlighting just…
Read More »investingLive Americas market news wrap: Nonfarm payrolls a touch soft, no tariff decision
US December non-farm payrolls +50K vs +60K expected Canada employment change 8.2K versus -5.0 K estimate Japan’s Takaichi weighs calling a snap election for mid-February US October housing starts 1.246m…
Read More »investingLive European FX news wrap: ECB’s Schnabel is fine with rate hike bets
RBA preview: Will the central bank switch to a hawkish stance? ECB’s Kazimir: I see no reason to change rates in the coming months Nifty 50 ends the day lower…
Read More »investingLive Americas market news wrap: The TACO trade kicks in
Trump on China trade: We’ll see what happens Trump: I think Putin wants to end the war WH Adviser Hassett on China: Confident we can get back to place that…
Read More »investingLive Americas FX news wrap: Non-farm payrolls disappoint again
August US non-farm payrolls +22K vs +75K expected Canada August employment change -65.5K vs +10.0K expected Fed’s Goolsbee: We’re open to criticism on improving Fed decision making Timiraos: Soft jobs…
Read More »Stocks fall, Canadian dollar weakens as Trump doubles down on tariffs
Original source: https://www.investing.com/news/stock-market-news/wall-st-european-futures-skid-after-trump-announces-tariffs-on-canada-eu-dollar-up-4131097
Read More »Forexlive Americas FX news wrap: Trump cancels trade talks with Canada
Trump cancels trade talks with Canada Carney says he has not spoken with Trump today US May PCE core +2.7% y/y vs +2.6% expected Canada GDP for April -0.1% vs…
Read More »USD/CAD slides as Trump’s criticism of Fed Chair Powell weighs on US Dollar
The Canadian Dollar (CAD) ticks higher against the US Dollar (USD) on Thursday, buoyed by broad-based Greenback weakness following fresh criticism of Federal Reserve (Fed) Chair Jerome Powell by the…
Read More »Forexlive Americas FX news wrap: Waller pushes for sooner rate cut, eyes on Iran
Trump: It’s hard to make a request for Israel to stop airstrikes, we’ve talked to Iran Philadelphia Fed Business index for June -4.0 vs -1.0 expected Japan cancels meeting with…
Read More »Canadian Dollar continues to ride Greenback weakness to new highs
The Canadian Dollar (CAD) caught yet another bid on Friday, climbing into new eight-month highs as the US Dollar (USD) holds in place and Crude Oil prices surge.
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