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Oil shocks!

It looks like a black Monday as the collapse in oil prices triggered sharp reactions across forex, bond and stock markets. The breakdown in...

Strong Loonie on data, ignoring BoC easing bias

The Canadian Dollar and other dollar bloc currencies are outperforming amid the return of risk appetite in markets. Oil prices rallied by nearly 1%,...

Receding concerns about COVID-19 boosted Oil and CAD prices

A risk-on backdrop, amid receding concerns about the coronavirus outbreak, has boosted the Dollar bloc currencies and Oil prices, which is a particular boon...

Euro & Europe Briefing

In the Eurozone, confidence data over the past week showed some signs of stabilisation, the latest being today's November ESI survey, in the manufacturing...

FX Action | 08 November 2019

EUR: Retests 50-day SMA Asset Daily bias Day's Range EURUSD 1.1048 Ranging intraday sentiment 1.1026 - 1.1058 EURUSD has been plying a narrow range near 1.1050, above the 23-month low seen yesterday...

BoC and Fed both on Wednesday

The Bank of Canada (BoC) is expected to hold rates at the current 1.75% setting on Wednesday. Recent upbeat economic data has sharply curtailed...

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