Markets Week Ahead: Dow Jones, Nasdaq 100, Canadian Dollar, BoC, AUD/USD, NZD/USD
The Dow Jones fell as the Nasdaq 100 rose in a tech-fueled rally last week. Ahead, the Canadian Dollar is eyeing the BoC, with AUD/USD and NZD/USD facing inflation data.
Read More »CADJPY: A new 2022 low ahead of the Canadian CPI release
Yesterday, the Bank of Japan unexpectedly tweaked its yield curve control (YCC) policy, raising its target for 10-year bond yields to 0.5% (previously 0.25%). The move reflects the central bank’s…
Read More »Canadian Dollar Dented by GDP Data, But USD/CAD Near-Term Downtrend Holds
The Canadian Dollar fell as a GDP slowdown cooled BoC rate hike bets. Still, USD/CAD’s near-term downtrend remains in play. AUD/USD is eyeing Chinese PMI data.
Read More »USD/CAD Price Analysis: Buyers stepped in around weekly lows on risk aversion
The US Dollar (USD) stages a recovery against the Canadian Dollar (CAD) amid a subdued trading session sparked by thin liquidity conditions caused by
Read More »Canadian Dollar Forecast: US Inflation Data to Set the Tone for USD/CAD
The rally in oil prices should support the Canadian dollar, but the September U.S. inflation report is likely to be more relevant for USD/CAD’s near-term direction.
Read More »USD surging higher, taking back some lost ground
The US dollar is higher across the major FX board. USD/JPY is back above 128 USD/CHF is back above 0.9600 and on approach to its high during the Europe timezone…
Read More »AUD/USD and NZD/USD ticking higher still.
Its been a good beginning to the week, which is still very young of course, for the ‘risk’ trade. US equity index futures are still moving higher, regional equities here…
Read More »When will the Canadian dollar break the 9-month range? Five things to watch
The Canadian dollar finished the week strong with USD/CAD falling to 1.2600 at Friday’s close from as high as 1.2870 on Tuesday. That’s very close to the seven-week low of…
Read More »USD/CAD flirts with 1.2450 on sluggish oil prices, awaits Fed’s Powell, BOC’s Mecklem
USD/CAD picks up bids to 1.2445, following the previous day’s mild losses, amid Tuesday’s Asian session. In doing so, the Loonie pair justifies the pu
Read More »Bumper US earnings not lifting Asian markets
Overnight Headlines *US stocks post another record high on earnings optimism *USD edges higher, best gains versus EUR and JPY *Australia core inflation accelerates back inside RBA target *Alphabet and…
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