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Midday Update – Traders pay close attention to US Jobs Data for policy clues
Market sentiment was mixed as investors digest OPEC+ decision to cut output by 2 million barrels per day. The OPEC+ ...
Tag: BoC
USDCAD Technical Analysis – Bulls retract from 1.3200 level towards a 3-week low
USDCAD plunged by -0.75% making its first week of losses in 4 weeks. The Canadian dollar advanced as the BoC ...
Market Update – The Week Ahead
The week ahead in terms of market-moving events can be broken down into two key events. Firstly, inflation reports from ...
USDCAD Technical Analysis – Range Low Test
The US dollar is trading at its weakest against the Canadian dollar in over a month as the US dollar index ...
USDCAD Technical Analysis-Loonie recover underway
The US dollar is trading at its weakest against the Canadian dollar since the start of May due to the ...
GBPCAD Technical Analysis-Upside gains remain challenged by the 1.6105 level
GBPCAD extended gains by +0.11% early European session after pairing Tuesday losses. The GBPCAD upside gains are underpinned by Tuesday’s ...
Energy prices and war are pushing up commodity prices
Commodities Analysis Commodities overall have been doing well from 2020 to the present day during the reflation trade following on ...
BoC policy meeting in focus
Midday Update The markets have a mixed outlook as investors digest a series of key important data from US bank ...
RBNZ hike by 50bps, sending the Kiwi lower
Market Brief A 50bp rate rise was announced by the Reserve Bank of New Zealand during the Asia-Pacific session in ...
Week Ahead: BoJ Crushes The Yen
Three rate decisions will be taken this week from three different central banks, but the yen is in serious decline ...
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