Tag: USDCAD
USDCAD Outlook After GDP and Ahead of OPEC Meeting
A positive start to the Canadian economy, as Statcan noted real gross domestic product grew by 0.7% in January. Although, total economic activity is about...
USDCAD is about to test long-term trend line resistance.
The recent fundamental news is not beneficial for the oil market, and may also have an impact on the Canadian economy, which is one...
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...
Market Update – February 25 – Risk On, Commodity Currencies lead
Market News Today – USD at 3-year lows, Equities recover over 1%, (Dow over 32K) Yields cool again but remain relatively elevated (10yr -...
Market Update – January 5 – Georgia on everybody’s mind
USDCAD, Oil & Gold
The Dollar has been trading steadily so far today after yesterday rebounding quite sharply from 33-month lows. This has come amid...
More ups than downs
A reflation trade is finding a foothold, joining vaccine inspired risk-on flows to drive sovereign yields higher. Treasuries have led the charge with the...
