Tag Archives: CAD

Bank of Canada surprisingly cut rates – no template for the Fed

The Bank of Canada announced a surprise 25bp cut to its key interest rate Wednesday

The down trend channel in the Canadian is well defined and seemingly entrenched.

Weaker oil, hawkish US Fed commentary and

In the week ahead, investors will be focusing on Thursday’s outcome of the ECB’s policy meeting and

The net long USD position rose this week to $49bn, almost at the highs recorded in November.

The Canadian remains mired near the recent lows and seemingly weighed down

Like the Swiss, Pound and Yen, the Canadian is catching a relief rally or

Not surprisingly, the Canadian remains in the midst of a full

The beating is expected to continue in the Canadian as crude oil futures

The Canadian remains pinned to its lows this morning as weaker oil and

In the week ahead, markets will be looking ahead to Wednesday’s report on

Bullish USD positions continue to be built, with increases in the net short EUR, CHF, GBP, AUD and