Rates as of 05:00 GMT Market Recap Oh dear…CAD was the best-performing currency yesterday, contrary to what some pundits – notably me – had expected. The…
Rates as of 05:00 GMT Market Recap A relatively calm day ahead of today’s Federal Open Market Committee (FOMC) meeting. Stocks in the US were little…
Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of time. Therefore there can…
Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of time. Therefore there can…
Rates as of 04:00 GMT Market Recap As Yogi Bera said, “it’s tough to make predictions, especially about the future.” I was convinced that with the momentum…
Rates as of 04:00 GMT Market Recap Another day, another decline. Following on from Wall Street’s 3.4% fall on Friday, most Asian stock markets are down…
Rates as of 05:00 GMT Market Recap The Bank of Canada (BoC) cut its policy rate by 50 bps and left the door open for further…
The CAD rallied yesterday but is currently struggling on profit-taking despite upbeat comments by Bank of Canada’s chief Poloz. However, the coronavirus situation could present some…
Rates as of 05:30 GMT Market Recap A big – but inexplicable – switch from “risk off” to “risk on.” US stocks up, oil up, gold…
1. The USD/CAD Could Explode in Either Direction, All Eyes on BoC and Powell The dollar climbed higher this morning on expectations of a less dovish…
