Rates as of 05:00 GMT Market Recap After days of some volatility, FX rates were little changed overnight. I’m astonished to see oil up and CAD…
Browsing: CAD
Market Preview
Oil Up as OPEC+ Stands Ready to “Make Immediate Adjustments”; US Nonfarm Payrolls
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JPY Up, Commodity Currencies Down in “Risk-Off” Move; OPEC+, US Jobless Claims
Rates as of 05:00 GMT Market Recap FX market moves today look like a typical “risk-off” basket move, with JPY up and the three commodity currencies…
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JPY Up, CAD Down on New Virus Variant; German CPI, Japan Unemployment
Rates as of 05:00 GMT Market Recap As on Friday it all comes down to the Omicron variant of the virus. What we learned over the…
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USD Up on Jobless Claims, PCE, CAD Up With Oil; light schedule today
Rates as of 05:00 GMT Market Recap As one economist quoted in the paper said, “It is fair to say that we didn’t see that coming.”…
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Oil Falls After SPR Release Disappoints; US PCE Deflators, Jobless Claims
Rates as of 05:00 GMT Market Recap Not much action in currencies overnight but a lot in oil. Oil prices rose after US President Biden announced…
Weekly Preview
Central Banks VS The Virus
The coming week is relatively light on economic data, as is usual for the second week of the month. That doesn’t mean it’s devoid of excitement…