Tag: USDCAD
FX Update – June 2 – Weaker USD
AUDUSD, H1
The Dollar has remained soft, with risk sentiment in global markets holding up, albeit with a weakening grip. Wall Street finished with modest...
Boon to the Oil-correlating assets
The Canadian Dollar has rallied, like other commodity currencies, amid rising global stock markets.
Front-month WTI crude prices also hit a new high at $35.77,...
Goodbye Stephen Poloz
Highlights from Poloz's last speech, BoC:
The BoC policy framework provides flexibility on the time needed to return to the inflation target.
"Choosing a...
Loonie Pressured Again
USDCAD, H1
USDCAD printed a five-day high at 1.4065 (R1), with the Canadian Dollar having weakened amid a backdrop of flagging global stock markets amid...
FX Update: Oil-correlating currencies pressured
Oil currencies have come under pressure concomitantly with crude prices hitting 21-year lows, while most Dollar pairings and associated crosses have been trading in...
FX Update – April 13 – Low Volume Markets
The Dollar has ebbed and then recovered in holiday-thinned conditions. The narrow trade-weighted USDIndex edged out a two-week low at 99.14 before recouping back...
