Tag Archives: CAD
MONTHLY OUTLOOK
Short-Run Slowdown, Better Growth Ahead For the current quarter, we estimate economic growth has slowed to 1.5 percent, but will then resume its 2-percent-plus pace that is characteristic of the past three years.
Mid-Day FX Market Analysis
USD: The Dollar has taken a negative turn over the past few hours and is posting moderate losses coming into this morning’s trading session.
FX G10/EM Morning Trader Views
EUR – USDJPY lead dollar weakness saw the single ccy trade back to the key 1.3300 resistance level in Asia which has so far capped topside momentum on the past few attempts.
Mid-Day FX Market Analysis
USD: The Dollar has started out this week with moderate gains, and continues to extend last Friday’s rebound from 31/2-month lows early in this week’s trading.
CFTC: USD exposure reduced
Hedge funds reduced their net long position in USD during the week ending June 4 according to the latest data from the Commodity Futures Trading Commossion.
FX G10/EM Morning Trader Views
EUR – Calm resumes in Asia today as we hold 1.3180/1.3230 range – Mkt squeezed everyone out on Thursday last week and
The Week Ahead in FX
In the week ahead, investors will be focusing on US data on retail sales and consumer sentiment for indications of the strength of the economic recovery.
FX SENTIMENT REPORT
• The USD remains favored against most of the currencies, despite short covering in EUR, JPY and CHF. MXN remains the largest held net long, at $3.3bn, despite a $1.5bn decline w/w.
FX Daily Strategist: US
SNB currency reserves data shows an increase in May The SNB currency reserves under the IMF standard rose to CHF 441.4b in May from a revised CHF436.1b in April.
Mid-Day FX Market Analysis
USD: The Dollar was able to put together a modest rebound from overnight pressure, but is making little headway getting back into positive territory after
FX G10/EM Morning Trader Views
EUR – after the chaos to end the London session yesterday things have settled down somewhat in the single currency as we await NFP.
FX Daily Strategist: Europe
Positioning for payrolls: mission impossible? Market participants are struggling to prepare for Friday’s US May employment report,