Tag Archives: USD/CAD
UBS Morning Adviser
Oil & Inflation Today the UK releases April’s inflation data. As Chart 1 shows the consumer price index is rising by 2.8%y/y – above the Bank of England’s 2% target.
FX Technical Volume Strategy: USD/CAD breaks up on high volume
– Activity at the end of the week was dominated by CAD, which posted a top-ten volume day for the past year.
Technical Alert
USD/CAD should print a fresh yearly high before long EUR/USD: A second consecutive loser was added last week, turning medium-term attention to an interesting 1.2740 ref below
UBS Morning Adviser
No Dollar Beta-Shift (Yet) The dollar has strengthened of late without disrupting general risk appetite. Prospects of fundamental changes in the Fed’s policy prospects have played a key role,
US Morning Update
Major overnight headlines: • ECB is “assessing the readiness” of at least one major EMU bank for a negative deposit rate, according to market chatter
Daily FX Update
A quiet Friday session in Asia and Europe for the major, conceals significant downward pressure on the commodity currencies,
USDCAD to rally ? Take profit on AUDCAD short for now
Whilst we have seen the USD rally against a range of currencies, USDCAD strength has been relatively muted. Although there are significant resistance hurdles to overcome,
FX Daily Strategist: US
Confidence survey to round out of poor US data week While the media has reacted to Fed President Williams comments overnight (tapering could happen as early as summer if all goes well),
USD/CAD Technical Analysis
(1,0230) The USD/CAD formed a positive day reversal that this morning favoured already a move above the previous top at
Daily FX Technical Strategy: US yield pullback not a game changer
Although US 10y yields are currently capped by the 1.98/2.00% area, this is unlikely to derail the broader trend of US dollar strength.
UBS Morning Adviser
FX Should Heed JGB Theatrics It is now six weeks since BoJ Governor Kuroda announced a new program of monetary easing, and still the JGB market remains unsettled.
US Morning Update
Major overnight headlines: • Japanese buying of foreign bonds in longest stretch since November 30th, Bloomberg says