Stocks slip, the Vix sinks, yen jumps higher
Overnight Headlines *US stocks rallied for a sixth day just shy of all-time highs *USD dipped further, particularly against commodity currencies *Vix drops again near to year lows *US 10-year…
Read More »US CPI inflation is likely to remain high
US equities drifted with the S&P500 falling 0.24% and the Nasdaq dropping 0.14%. The looming start to the earnings season has probably deterred some investors from placing large positions. Soaring…
Read More »Energy and bond yields continue higher as new week begins
Overnight Headlines *US stocks fell after September NFP missed estimates *USD slipped against most of its G10 peers, DXY still above 94 *WTI oil topped $80 for the first time…
Read More »Forexlive Americas FX news wrap: USD moves higher as yields, Fed taper sends the greenback higher
Forex news for North American trading on September 24, 2021 The CAD and the USD is ending the day as the strongest of the major currencies as the flow of…
Read More »USD/CAD Price Analysis: Bulls take a breather below 1.2810-15 key hurdle
USD/CAD retreats from the monthly high to 1.2760 amid Monday’s Asian session. In doing so, the Loonie pair justifies overbought RSI conditions staying
Read More »Sterling storming back
Cable, Daily The pound has perked up over the last day, with Cable posting a one-week high at 1.3888, just shy of last Friday’s, post NFP pop to 1.3890. EURGBP…
Read More »USOIL turned to 66 giving the CAD a bit of breathing room
Yields continue to dip with the long end leading the way in a bull flattener unwinding the big bear steepener from late last week. The bond market is more focused…
Read More »USD/CAD sellers attack 1.2300 as upbeat markets battle WTI pullback
USD/CAD refreshes intraday low to 1.2300 amid a lackluster Asian session on Thursday morning. The Loonie pair remained unchanged the previous day as b
Read More »CAD & USOil – The trends continue into the new month
USDCAD & USOil, H4 Canada’s GDP grew at a 5.6% pace in Q1, undershooting expectations following the 9.3% clip in Q4 (revised from 9.6%). However, GDP was 0.3% firmer compared…
Read More »CAD remains and should continue to remain capped
Canada’s GDP grew 9.6% in Q4 (q/q, saar), better than expected after the 40.6% bounce in Q3 (was 40.5%) that followed the 38.5% plunge in Q2. A modest inventory accumulation in…
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