Tag Archives: CAD
The Week Ahead in FX
In the week ahead, Wednesday’s outcome of the Federal Reserve’s monthly meeting will be in focus amid expectations for a reduction to USD65 billion from the current USD75 billion in the bank’s stimulus program.
CAD Mid-day Analysis
The Canadian needed some other trouble spot to take the negative attention off itsdomestic/economic situation. The admission that the BOC might need to cut rates and
CAD Mid-day Analysis
The punishment continues as the BOC is considering a rate cut and the Canadianeconomy continues to suffer negative energy export related problems.
CAD Mid-day Analysis
Perhaps the Canadian is catching some spillover support from improving attitudes towardthe UK and US. Maybe the Canadian is simply technically oversold and temporarily unable to fall further.
Buyout blitz
This year could witness the return of M&A mania. Appetites were whetted bylast week’s ‘Merger Monday’, which saw circa USD 100bn of announced deals.
CAD Mid-day Analysis
A steep washout down overnight rekindles fears and bearishness toward the CanadianDollar. The next logical downside target is seen at 90.00 off the monthly charts.
The Week Ahead in FX
In the week ahead, investors will be awaiting monetary policy decisions by the Bank of Japan and the BoC. China is to release data on fourth quarter growth as well as a closely watched report on manufacturing activity.
Weekly CFTC Trader Positioning Data
• Shifting investor sentiment away from the European currencies is the key theme this week, as the CHF position has shifted to net short—typically a bearish signal—alongside a continued modera-tion in
CAD Mid-day Analysis
The Canadian just can’t seem to catch a break as residual concerns toward Chineseactivity, generally positive US data and ideas that the US Dollar is undervalued leaves the Canadian Dollar vulnerable to
CAD Mid-day Analysis
A temporary oversold technical condition has probably allowed the March Canadian ameasure of consolidation action just above the 91.00 level.
CAD Mid-day Analysis
Another lower low probe on the charts, leaves the bear camp in the Canadian supremelyconfident, even though the Canadian has become significantly oversold from a technical perspective.
CAD Mid-day Analysis
Despite the extreme washout in the Canadian in the first half of January and the fact thatrecent declines have added to a precipitous decline throughout 2013, there doesn’t seem to be that much impetusto bounce off the recent lows.