Tag Archives: USD/CAD
FX Daily Strategist: US
Q2 GDP a downside risk for CAD CAD has come under selling pressure as crude oil prices slipped by nearly 2%.
Daily FX Update
SEPT TAPER IS OUR BASE CASE—NONFARM THE RISK ● USD is relatively quiet leading into the NA long-weekend.
US Morning Update
Major Overnight Headlines • UK mortgage approvals highest since March 2008 in July; Nationwide house prices up 3.5% YoY in August
USD/CAD Technical Analysis
(1,0528) The USD/CAD is still confirming further consolidation interior the inside day with 1,0550 – 1,0460 still the levels to follow;
The Global Macro Pulse
Overnight Price Action S&P futures are up 0.2% and most Asian markets have rallied.
FX Daily Strategist: Europe
USD supports start to build heading into Autumn With last night’s UK Parliamentary vote precluding UK involvement in Syria,
UBS Morning Adviser
Handbags & The Yen Japan’s core inflation rose to +0.7% y/y in July, the fastest pace since Nov. 2008. That brings us a step closer to the BoJ’s 2% target and suggests Governor Kuroda’s policies are bearing fruit.
From the tail to the dog
Late August has seen some vigorous tail-wagging driving price action – in particular, EM and oil-driven risk aversion has served to undermine the previous dominance of the Fed.
US Morning Update
Major Overnight Headlines • UK government to delay parliamentary vote on Syrian intervention until UN inspectors report concluded
USD/CAD Technical Analysis
(1,0500)The USD/CAD confirmed a session of consolidation interior the previous day’s range forming a new inside day with 1,0550 – 1,0460 the levels to follow;
UBS Morning Adviser
Gauging Guidance Judging by market impact alone, Mark Carney’s first public speech since his accession to the governorship was perhaps a disappointment.
CAD Trade Strategy
USD/CAD trading remains quite choppy. The USD looked well-offered in late trade yesterday as it slid back to the 1.0475 area but