Tag: OIL
USOil and upcoming volatility
Later today and tomorrow evening we will have the API and EIA reports, while the day after that, on March 4, eyes will be...
Oil and Loonie hand-in-hand to fresh highs!
This week, Fed chair Powell testimony successfully convinced markets that the punch bowl of monetary stimulus isn’t going to be taken away anytime soon, even in...
More Upsides than Downsides for Oil in the 1st half of 2021
USOIL dropped over 1% to 3-day lows at $57.50 after it printed 13-month highs of $58.98 on Wednesday. Brent crude, meanwhile, holds over the $60...
Canadian Dollar, Oil and OPEC+
USDCAD has dropped back under 1.2980, pulling lower from yesterday's rebound high at 1.3010, which was seen after the pair posted a 26-month low...
Risk appetite holds; Commodities notably up!
Canada’s CPI accelerated to a 0.7% y/y pace in October from the 0.5% rate of expansion (y/y, nsa) in September. CPI climbed 0.4% on a...
CAD & Oil ahead of June employment
USDCAD has posted an 11-day high at 1.3628 (above R1) as USOil fell to an 11-day low at $38.74, extending the correction from the...
