Tag Archives: USD/CAD
UBS Morning Adviser
Yen: No Relief From Trade Balance • Sell yen on Japan’s ongoing trade deficit • The yen is still a sell even if the deficit returns to surplus
Weekly commentary on economic and financial market developments
Hot Summer For French Budget! Over the last 10 days, the downgrading of Italy’s sovereign credit rating from BBB+ to BBB and
Daily FX Update
USD RALLIES AS GLOBAL GROWTH OUTLOOK SOFTENS • USD is broadly stronger, retracing some of its recent weakness.
US Morning Update
Major overnight headlines: • China’s finance minister signals government may accept growth below 7.0% annually,
FX G10/EM Morning Trader Views
EURUSD – 1.30 held nicely yesterday on the dip as the mkt still in cover mode for short positions mode into the weekend.
USD/CAD Technical Analysis
(1,0364) The USD/CAD confirmed a very weak closing yesterday below the low of the previous one suggesting further downside pressure.
UBS Morning Adviser
Same Script Emerges On July 4th, the Bank of England warned in its policy decision that ‘the significant upward movement in market interest rates would…weigh on the [economic] outlook’.
Daily FX Update
USD WEAKENS AS MARKET RUSHES TO EXIT • USD is weak with the European currencies outperforming after Fed.
US Morning Update
Major overnight headlines: • European stocks, bonds firm after June FOMC minutes and Bernanke,
USD/CAD Technical Analysis
(1,0383) The USD/CAD confirmed yesterday a weak closing plunging further this morning even below 1,04 hitting the 1,0330/20 area.
Fed Chairman Bernanke sets markets straight…
Bernanke’s speech and his Q&A, 2 hours after the release of the FOMC minutes, were more influential.
UBS Morning Adviser
AUD Still Vulnerable Australia’s unemployment rate climbed again overnight hitting 5.7% − a level not seen since Sept 2009.