Tag Archives: USD/CAD

US Morning Update

Major overnight headlines: • US 10-yr yield rises to more than 2.75% overnight before falling back,

Conditional pre-commitment

Last week saw an unprecedented move by central banks in Europe towards stronger guidance about the outlook for monetary policy.

USD/CAD Technical Analysis

(1,0582) The USD/CAD confirmed a strong closing but it failed to confirm on above the resistance of the inside day at 1,0590 despite a 1,0610 overshooting.

UBS Morning Adviser

BoJ Easing Bears Fruit Japan’s reflationary policies are starting to boost consumer inflation expectations and lending activity. That’s the message from two reports published overnight¹ and

Daily FX Update

MARKET POSITIONS FOR USD STRENGTH INTO NONFARM • USD is broadly stronger, particularly against the European currencies.

Daily FX Volume and Technical Strategy: EUR/USD dropping to the edge

Following the events in the UK and Europe yesterday, investors once again showed a clear preference to buy US dollars over other major currencies.

USD/CAD Technical Analysis

(1,0529) The USD/CAD formed a positive day reversal but overall it is still consolidating interior the inside day with 1,0590 – 1,0480 still now the levels to follow in the coming hours.

UBS Morning Adviser

Guidance Galore When queried, Mario Draghi said that the launch of more explicit forward guidance by the ECB and BoE within 90 minutes of each other was a coincidence.

Daily FX Update

ECB & BOE LEAVE POLICY ON HOLD; DRAGHI AT 8:30 EST • USD is mixed leading into the liquidity reduced July 4th holiday.

US Morning Update

Major overnight headlines: • UK Halifax House Price Index rises 3.7% YoY in 3 months to June, more than expected

Euro crisis escalation?

Possible government collapse in Portugal rattles markets A political crisis in a southern European country, anti-austerity protests, a surge in its government bond yields,

USD/CAD Technical Analysis

(1,0509) The USD/CAD confirmed a negative closing while confirming also a session of consolidation forming a new inside day with