Tag Archives: CAD
CAD Mid-day Analysis
The Sept Canadian has kept within a tight range going into today’s trading, and likelyneeds to
CAD Mid-day Analysis
The Canadian has managed to hold within close-proximity to its recent highs despiteweaker Chinese equity market action overnight and declines in oil and metals prices.
CAD Mid-day Analysis
While the Canadian continues to benefit from rising oil prices, the currency is being heldback by slack June Canadian factory data at the end of last week.
Leveraged Funds’ Bet Against EUR Highest Since May 2013
The following are the key points in ANZ’s analysis for the latest speculative positioning report (positioning data is for the week ending 10 June.
The Week Ahead in FX
In the week ahead, investors will be focusing on the outcome of Wednesday’s Federal Reserve policy meeting, while Monday’s preliminary report on euro zone inflation will also be closely watched.
Weekly CFTC Trader Positioning Data
• This week there was a surge in bearish EUR sentiment while most other position changes paled in comparison.
CAD Mid-day Analysis
Overt weakness in the US Dollar has helped the Canadian become a little moreresponsive to rising metals and energy prices.
CAD Mid-day Analysis
Like the Pound, the Canadian remains in favor. We suspect that the recent chain of gainsin Chinese equities, positive industrial output readings from the Euro zone and
CAD Mid-day Analysis
Overt weakness in the Dollar has given a fresh window of opportunity to the Canadian overnight.
CAD Mid-day Analysis
While the Canadian is back off its initial highs into the US trading hours, the up-trendpattern off the early June low has generally remained in place.
CAD Mid-day Analysis
Like the Pound, the Canadian continues to see mostly upbeat global economic conditionsand that leaves the bull camp in the Canadian with a slight edge.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to Thursday’s U.S. retail sales report for further indications on the strength of the U.S. recovery.