Tag Archives: EUR/CAD
CAD Technical Outlook
There is little change to report from a short-term technical perspective as far as USD/CAD is concerned today.
US Morning Update
Major Overnight Headlines • German GDP confirmed at 0.7% QoQ in Q2; UK GDP revised up to 0.7% QoQ from 0.6%
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.
US Morning Update
Major Overnight Headlines • Conditions stable in London; European equities up as developing market currency losses fail to accelerate
US Morning Update
Major Overnight Headlines • INR touches another record low versus the USD in London trading; tone remains mildly “risk-off”
US Morning Update
Major Overnight Headlines • INR falls to record low versus USD overnight, Asian equity markets slump
US Morning Update
Major Overnight Headlines • Euro Area core CPI rises 1.1% YoY in July, in-line; June trade surplus widens EUR1.1 bln to 14.9B
US Morning Update
Major Overnight Headlines • Japanese Fin Min says PM Abe “did not request” consideration of corporate tax cut; Nikkei falls, Bloomberg
US Morning Update
Major Overnight Headlines • French and German Q2 GDP data beat expectations at 0.5% and 0.7% respectively; market reaction muted
US Morning Update
Major Overnight Headlines • BoJ on hold, Nikkei falls, JPY rises as Kuroda says will take “appropriate action” if needed,
US Morning Update
Major Overnight Headlines • JPY rises as Japanese repatriation speculation builds, Nuclear crisis intensifies; 10-yr JGB yield at 3-month low
FX Daily Strategist: Europe
Scandinavian Divergence: New long NOKSEK The SEK has been under pressure after a soft raft of economic data, particularly its GDP and PMI report.