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Baystreet.ca - - Today’s US data could roil FX markets. - Oil prices slide. - US dollar little changed from Wednesdays closing levels. USDCAD: open 1.3470, overnight range 1.3460-1.3487, close...
Baystreet.ca - - Loonie soars as CAD/US interest rate spreads widen. - China cuts its 1-year Medium Term Rate. - US dollar consolidating yesterday’s losses USDCAD: open 1.3438, overnight range...
Baystreet.ca - - Risk sentiment improves after another Chinese stimulus push - Weak German data weighs on EUR - US dollar opens steady but under pressure. USDCAD: open 1.3510, overnight range...
Baystreet.ca - - China rate cut improves risk sentiment. - Eurozone and UK PMI data is disappointing. - US dollar trading lower vs commodity currency bloc but higher against Europe. USDCAD: open...
Baystreet.ca - - Canada Retail Sales ahead - Central Banks in China and Japan leave rates unchanged. - US dollar attempting to stem recent losses. USDCAD: open1.3573, overnight range 1.3553-1.3577,...
Baystreet.ca - - FX markets churn post-FOMC decision. - Bank of England stays the course-leaves rates unchanged - US dollar trading with a small bid after overnight price swings. USDCAD: 1.3538,...
The U.S. housing market took a slight hit as Existing Home Sales, a key indicator of the overall economic strength, fell below the forecasted number. The latest data shows that the annualized number...
Baystreet.ca - - Canada CPI hits BoC target - Markets on hold until FOMC meeting results at 2:00 pm - US dollar opens little changed from close but lower from yesterday. USDCAD: open 1.3586, overnight...
Investing.com -- The U.S. Federal Reserve’s imminent loosening cycle is expected to ripple through the Gulf economies, as these nations' central banks are compelled to follow the Fed’s lead due to...
Citi analysts pointed out that Canada's Headline Consumer Price Index (CPI) decline of 0.2% month-on-month in August, aligning with a year-on-year return to 2.0%, was unexpected and below both its and...
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