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Yen rally eases but maintains bullish momentumJGB yields spike again, hitting BoJ’s new upper capStocks perk up as Wall Street ends losing streak Yen has best day since 1998The Japanese yen...
USDCAD has been in an uptrend since March, storming to a fresh 30-month high of 1.3976 before experiencing a downside correction. Even though the pair erased part of its recent pullback, it has been...
USDCAD is still trading above the short-term descending trend line and the strong 50-day simple moving average (SMA), which lies near the 1.3570 support. The MACD oscillator is holding above its...
Bank of Canada Surprises With 50 bp HikeThe Bank of Canada delivered a second straight 50-bp hike on Wednesday, which brought the cash rate to 4.25%. The markets had been split on whether the BoC...
The Canadian dollar edged lower on Wednesday. In the European session, USD/CAD is trading at 1.3686, up 0.25%. December has started on the wrong foot, as the Canadian dollar is yet to post a winning...
The US dollar steamrolled every other major currency this year, capitalizing on a perfect storm of widening interest rate differentials, safe-haven flows, and an absence of attractive alternatives....
A litany of central bank meetings lies ahead in the first half of December. The ball will get rolling with the Reserve Bank of Australia and the Bank of Canada next week, both of which are expected to...
USDCAD had a lukewarm start to December, barely gaining bullish traction despite taking support from the 20-day simple moving average (SMA) at 1.3394.The pair has completed two consecutive negative...
The Canadian dollar has posted slight gains on Wednesday. In the North American session, USD/CAD is trading at 1.3541, down 0.28%.Will Powell’s Speech Be a Market-Mover? All eyes are on Fed...
The Canadian dollar has steadied on Tuesday, after starting the week with sharp losses. In the European session, USD/CAD is trading at 1.3444, down 0.37%.Canada’s GDP Expected to SlowCanada will...
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