Tag Archives: CAD
FX G10/EM Morning Trader Views
EUR – Frustration again yesterday for eur bears with a retest below 1.2950 met with corp and longer term demand.
US Morning Update
Major overnight headlines: • Italy sold 2.25% 2016 bonds at a yield of 1.92% versus roughly 2.30% at the last auction on April 11th
Mid-Day FX Market Analysis
USD: The Dollar is finding minimal support at the start of the new trading week, and still has some way to go in order to move back up and beyond last Friday’s spike highs.
CFTC: Dollar bought ahead of the spike due to AUD weakness
Hedge Funds were already busy buying dollars ahead of the Thursday spike during the week ending May 7 according to the
The Week Ahead in FX
In the coming week, investors will be awaiting preliminary data from the euro zone and Japan on first quarter economic growth, as well as the ZEW report on German economic sentiment.
FX SENTIMENT REPORT
CAD SHORT COVERING ACCELERATES • This week, traders favoured adding to USD long positions, driving the net position to $18bn.
A Weekly Financial Digest
The U.S. economy is now almost four years into its recovery, but it doesn’t feel that way to many Americans,
Canada Recorded Employment Gain of 12,500 in April
– Canadian employment increased by 12,500 in April 2013 and was just shy of market expectations for a 15,000 increase.
Daily Points
KEY POINTS: – Markets adding risk on weak JPY – Chinese company financing continues to soar
US Morning Update
Major overnight headlines: – Japan’s Amari says strength in US recovery reflected in USD rise – Japan is net buyer of foreign bonds for first time since March in May 3rd week, Bloomberg says
Mid-Day FX Market Analysis
USD: The Dollar has followed through on yesterday’s strong rally with moderate gains this morning,
US Morning Update
Major headlines: – Spain sells a total of EUR4.57bln in 2016 and 2018 paper, above the planned 3.5bln – R4.5bln range – UK industrial production rises 0.7% m/m in March, above the 0.2% consensus