Tag Archives: USD/CAD
Daily FX Update
RISK AVERSION SPIKES DRIVING A STRONG USD * USD is strong as the weight of a weak nonfarm is surpassed by rising risk aversion on concerns in China’s mmkt; profit taking takes hold.
US Morning Update
Major Overnight Headlines • ECB: national and supranational backstops need to exist to ensure AQR is safe, credible, Thomson Reuters
FX Daily Majors
Today’s highlights: * AUDUSD has achieved our.9700/30 basing target, and we continue to look for a top here.
UBS Morning Adviser
CAD: Boring is Good The Bank of Canada is unlikely to register any major changes to policy on Wednesday.
Scandi central banks in focus this week
With the US government open for business once again, financial markets will receive crucial US data this week starting with non-farm payrolls later today.
FX Daily Majors
Today’s highlights: * EURUSD’s spotlight remains on the 1.3711 peak. Above here,can target the 61.8% retracement of the 2011/2012 bear market at 1.3835.
Muted Response Likely to Wednesday’s Dollar Bloc Events
The main events this week in the peripheral dollar bloc both happen on Wednesday. First is the Australian Q3 CPI data.
FX G10 Morning Trader Views
EURUSD Topside: 1.3711 Downside: 1.3656, 1.3638, 1.3607 Recent range intact, market runs short USD’s and we may see some more lightening up ahead of payrolls.
FX Daily Strategist: Europe
US non-farm payrolls to give the USD its cues The delayed September employment report arrives today in the US.
UBS Morning Adviser
Dollar Asymmetry Intact The long-awaited September payrolls report is due on Tuesday and it appears that markets have become a bit more partial to
US Morning Update
Major Overnight Headlines • Draghi wants ‘precautionary’ public-funded bank recaps. to be allowed once banking union finalised, Bloomberg