Tag Archives: CAD
Weekly CFTC Trader Positioning Data
• Sentiment continues to diverge with building bearish EUR andJPY positions and steadily bullish AUD, NZD, MXN and GBP holdings.
CAD Mid-day Analysis
The charts look to favor the bear camp in the Pound given the pattern of lower highs this week.
CAD Mid-day Analysis
The Canadian slide this week has been partially the result of renewed strength in theDollar, but it has also been partially the result of sagging growth views toward China.
CAD Mid-day Analysis
Apparently record high Canadian auto sales in May were of little interest to the Canadiantrade, as the June Canadian initially forged a fresh lower low for the move overnight.
CAD Mid-day Analysis
Slack Canadian manufacturing growth and a minor setback in trade talks with the EU hascontributed to a slide this week in the Canadian.
CAD Mid-day Analysis
Economic news from Canada has been undermining of the Canadian Dollar of late buthopes for improved trade activity with
Leveraged Funds Increasing Their Bets Against EUR, CHF
Leveraged funds increased their short bets against the EUR on expectations of policy easing at the upcoming 5 June meeting.
The Week Ahead in FX
In the week ahead, investors will be looking to Friday’s U.S. nonfarm payrolls report for May for further indications on the strength of the labor market,
Weekly CFTC Trader Positioning Data
Sentiment is shifting back in favour of the USD warning of further near‐term USD gains. Overall market positioning is light; with most currencies held close to flat.
Weekly Report
Markets have priced in rate cuts Looking forward the key event will be the European central bank policy meeting.
CAD Mid-day Analysis
Positive chart action, limited competition from other currencies and strong trade readings,leave the bull camp in control of the Canadian.
CAD Mid-day Analysis
Coiling in the Canadian around the 92.00 level has seemingly produced a value zone onthe charts, but like the Pound the Canadian might need to