Tag Archives: CAD
The Week Ahead in FX
In the week ahead, markets in the U.S. are to remain closed on Monday for the Labor Day holiday.
Nordic Outlook: Global recovery set to continue
It notes recently improved prospects of a stronger global recovery, with leading indicators for most industrialised countries showing greater household and business confidence.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to revised data on U.S. second quarter growth, as well as reports on the housing sector and consumer confidence.
Weekly Economic & Financial Commentary
U.S. Review Signals of Stronger Growth and Fed Tapering • Existing home sales rose more than expected in July,
Canada’s Consumer Price Inflation Inches Higher in July
• Canada’s headline consumer price index (CPI) inched up 0.1% on a non-seasonally adjusted, month-over-month basis in July 2013, slightly below market expectations for a 0.2% gain.
CAD Technical Outlook
USD/CAD saw no pullback at all yesterday and the underlying trend higher has extended higher through the overnight session to reach the low 1.05 area.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to Wednesday’s minutes of the Federal Reserve’s most recent meeting,
FX SENTIMENT REPORT
EUR NET LONG RISES; AUD HIT BY SHORT COVERING • USD net long narrows to $16bn as traders narrow their short AUD position and add to their net long EUR position.
Canadian June Manufacturing Sales Down 0.5%
• Manufacturing sales dropped 0.5% in June 2013, which was below market expectations for a 0.3% gain, and followed a revised 0.6% (was 0.7%) gain in May.
The Week Ahead in FX
In the week ahead, investors will be closely watching US data on retail sales and consumer inflation, as well as reports from the housing and manufacturing sectors.
The Week Ahead in FX
In the week ahead, investors will be looking ahead a key US economic data to further gauge the strength of the US economy and the need for stimulus.
FX Sentiment Report
• Sentiment continues to favor the USD, as nearly all of the majors are held net short vs the USD.