Tag Archives: CAD
Mid-Day FX Market Analysis
USD: The Dollar has kept fairly close to unchanged levels in what has been a subdued overnight trading session,
Canadian Housing Starts Dip in April
– Housing starts dipped by 3.5% to an annualized 174,900 in April 2013, which was in line with market expectations for a 175,000 reading.
US Morning Update
The morning session in London today – amidst mixed euro area data flow – kept to the general theme of tighter EMU bond spreads and a buoyant EUR alive and well.
Mid-Day FX Market Analysis
USD: The Dollar has once again come into a morning trading session under moderate pressure,
FX G10/EM Morning Trader Views
EUR – Similar story to yesterday in that the lvls 1.3030-1.3150 remain key in the short term.
FX Daily: Changing the Call on CAD Crosses
The key US data suggest CAD’s external backdrop remains supportive, as do commodity prices, and fears on Canadian housing are likely overdone.
Mid-Day FX Market Analysis
USD: The Dollar is finding moderate pressure this morning, but is still holding onto a sizable portion of yesterday’s mid-day rally.
Join the USD bulls but patience required
Some six years after the global financial crisis began, when the US housing bubble burst, global central banks are still easing monetary policy.
FX G10/EM Morning Trader Views
EUR – Quiet week for data and eur relatively quiet in Asia – After Fridays post payroll sell off and nasty retrace we seem to have defined a few levels for this week.
FX Daily Strategist: Europe
EUR downside remains well supported EURUSD came under some initial pressure after ECB president Draghi re-iterated his comments from last week’s
US Morning Update
– With Tokyo shut, Asia had a very quiet session. RBA comments had little impact on the Aud, but weaker than expected Chinese PMI figures put some pressure on this currency later on.
US Market Preview
USD: The Dollar was able to shake off overnight pressure and post a modest gain this morning, although trading has been fairly subdued after last week’s significant volatility.