Tag Archives: USD/CAD

US Morning Update

Major Overnight Headlines • Conditions stable in London; European equities up as developing market currency losses fail to accelerate

Daily FX Volume and Technical Strategy: A healthy formula for USD/CAD

The bullish signs noted in EUR/CAD earlier this week paved the way for USD/CAD to break through month-long range highs near1.0450.

The Global Macro Pulse

The USD extends its rally as 10y yield rises to a new intraday high of 2.92% during Asian trading.

UBS Morning Adviser

The Dash For Dollar Cash Japanese investors were net sellers of foreign portfolio assets last week, after six consecutive weeks of outflows.

USD/CAD Technical Analysis

(1,0496) The USD/CAD confirmed a strong closing last night well above the 1,0450 level suggesting further s/t upside potential.

Daily FX Update

FOMC MINUTES AND EM OUTFLOWS DRIVING FX • USD is strong as market positions for risks associated with minutes.

US Morning Update

Major Overnight Headlines • INR touches another record low versus the USD in London trading; tone remains mildly “risk-off”

The Global Macro Pulse

The G10 commodity bloc remained under pressure in Asian trading ahead of the FOMC minutes. AUD and NZD fell 0.6% to 0.903,

EUR/USD over 1.3418 changes outlook to neutral

EUR/USD: Yesterday’s rather decisive move through a medium-term key 1.3418 ref forces an earlier best fit wave structure from bearish to neutral/short-term bullish.

UBS Morning Adviser

Fed Anchor Seeks Ocean Judging by the scale of dollar weakness so far this weak, it appears that markets are geared up for a soft set of FOMC minutes.

Daily FX Update

FED TAPERING FEARS DRIVE FX—MINUTES LOOM WED • USD strong against EM & growth FX; weak against other majors.

US Morning Update

Major Overnight Headlines • INR falls to record low versus USD overnight, Asian equity markets slump