Tag Archives: USD/CAD
UBS Morning Adviser
Balance Sheets Steady On IMF Chair Lagarde raised a few eyebrows amid what was largely a tame Jackson Hole gathering.
Canada’s Consumer Price Inflation Inches Higher in July
• Canada’s headline consumer price index (CPI) inched up 0.1% on a non-seasonally adjusted, month-over-month basis in July 2013, slightly below market expectations for a 0.2% gain.
FX Daily Strategist: US
Weaker Canadian CPI to weigh on CAD The CAD continues to sustain pressure this week with broader market volatility and tepid economic data,
Daily FX Update
NONFARM EXPECTED TO TRUMP JACKSON HOLE • USD is generally strong with flows the main driver. No data 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%
Daily FX Volume and Technical Strategy: Respite gives way for a USD/CHF bid
The persistent bid in some EM currencies such as USD/INR and even USD/MXN finally showed some signs of stalling yesterday.
FX G10 Morning Trader Views
EUR – A slug of EURxxx buying yesterday morning primarily in EURJPY and EURCHF by corporates helped support EURUSD in line with better than expected PMIs across the board.
FX Daily Strategist: Europe
Stick with USD longs…USDJPY to continue higher We decided to stick with and re-emphasise our bullish USD view this week and finally our favoured USDJPY quant trade recommendation is gaining traction over the past 48 hours.
NOK is depressed but deserves a breather anyway
EUR/USD: Yesterday’s attempt lower was responded to in the expected support area. Players face a recent both-sides rejection when they come in today and the outcome is obscured.
UBS Morning Adviser
The Best Dollar To Buy The consensus has shifted since US yields began to climb in May,
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.
Daily FX Update
USD LIKELY TO RALLY INTO SEPT TAPER; NONFARM IS RISK • USD is broadly stronger as markets price in Fed and relative growth outlooks.