Tag Archives: USD/CAD
FX G10/EM Morning Trader Views
EUR – Feels set for another day in dullsville, with little in the way of data to focus on. Illiquid, choppy price action is expected as interest levels are set to be low.
UBS Morning Adviser
JPY: More Weakness Ahead The ruling LDP-New Komeito coalition scored another emphatic political victory overnight
What’s Behind Higher Inflation in Canada?
Canadian inflation picked up for a second month in June. In this report, we consider what this means for interest rates in the context of an upgraded growth outlook from the Bank of Canada.
Daily FX Update
CAD STRONG INTO CPI RELEASE • USD is broadly weaker; US equities reach record highs, oil hits 15-month high.
US Morning Update
Major overnight headlines: • Italian industrial orders rise 3.2% MoM in May, sharpest increase since January 2011
USD/CAD Technical Analysis
(1,0367) The USD/CAD confirmed a further session of consolidation remaining interior the inside day with 1,0490 – 1,0310 still the levels to follow in the coming hours.
UBS Morning Adviser
Into Japan’s Elections The yen has been the main mover this morning in Asia. Earlier,
Daily FX Update
MARKET SHIFTS TO USD STRENGTH BIAS • USD—biased for strength as market interprets FX implication of Fed.
USD/CAD Technical Analysis
(1,0429) The USD/CAD confirmed a further session of consolidation remaining interior the inside day with 1,0490 – 1,0310 still the levels to follow in the coming hours.
UBS Morning Adviser
Dollar Bears Beware Bernanke Financial markets interpreted Federal Reserve Chairman Bernanke’s Congressional testimony as dovish with the dollar softening,
Bank of Canada: Same Message, More Clarity
• Plus ça change, plus c’est la même chose. A change at the top didn’t really bring substantive change to the Bank of Canada’s view on the economy,
Daily FX Update
BERNANKE EXPECTED TO BE DOVISH BUT NOT POLOZ • USD is mixed leading into Chair Bernanke comments—we expect a dovish tone with the message that rates are hold for a long time.