Forex Analysis

CAD Mid-day Analysis

Sluggish crude oil prices are keeping the Canadian firmly in a downtrend

The Pound has managed to hold its ground near the 1.5000 level and

Regional currencies and government bonds benefit from the ECB aggressive easing.

In global liquidity terms, the combination of ECB and BOJ balance sheet expansion won’t

EUR weakened in the Asian morning, but recovered from early lows of 1.1098 to 1.1179.

Markets will be digesting the results of the Greek election.

Big core bond rally continued in the Euro area (German 10-year yield touching 0.35%),

The euro started the week slipping as well as the U.S. and

The pair closed in NY Friday at $1.4989 after rate had bounced back from

AUD/USD opened at $0.7927 this morning and ran into early

The pair opened the week at $1.1189, down from the Friday New York close

The pair opened at Y117.52 this morning in the Asia-Pacific and