Tag Archives: USD/CAD
Daily FX Update
ECB LEAVES RATES AT 0.5%; DRAGHI AND ADP NEXT * USD is mixed with safe havens outperforming on US political gridlock.
USD/CAD Technical Analysis
(1,0345) The USD/CAD confirmed a positive closing breaking this morning above the 1,0340 level;
UBS Morning Adviser
Watching US, Focus at Home The ECB was already entering this month’s decision with its hands full but
Daily FX Update
USD IS NOT RALLYING ON GOVERNMENT SHUTDOWN * USD is mixed as US government shutdowns & debt ceiling looms.
USD/CAD Technical Analysis
(1,0303) The USD/CAD barely moved but the monthly closing was negative. The indicators of the daily chart are still well negative but
UBS Morning Adviser
Reserve Managers Now Prefer CAD Reserve diversification into smaller currencies continued in Q2, according to the latest quarterly survey of FX reserves carried out by the IMF.
Canadian July GDP Offsets June Drop
* July 2013 gross domestic product (GDP) rose a stronger than expected 0.6% in the month, which more than reverses the 0.5% drop in June.
Daily FX Update
SURPRISINGLY NARROW RANGES DESPITE US RISK * USD—acrimony in DC fails to drive safe-haven gains in USD.
The Global Macro Pulse
Overnight Price Action The Nikkei gapped 1.5% lower at the open and fell as much as 2.2% before recovering slightly to 1.7%,
UBS Morning Adviser
Down To The Wire The political scene in Italy was worryingly active over the weekend.
Daily FX Update
AUD LIKELY TO WEAKEN INTO OCTOBER 1 RBA MEETING * USD is mixed; with the majors & gold outperforming and FX associated with the smaller open economies all underperforming.
US Morning Update
Major Overnight Headlines • UK Index of Services up 0.5% on a 3m/3m basis (0.6% expected); YoY growth in finance services still negative