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Baystreet.ca - - Greenback’s post-FOMC minutes rally continues overnight. - US CPI and weekly jobless claims are on tap. - US dollar opens steady to higher-CAD underperforms. USDCAD: open1.3733,...
Baystreet.ca - - M&A flow may be weighing on Loonie. - FOMC minutes on tap - US dollar opens directionless ahead of inflation USDCAD: 1.3666, overnight range 1.3643-1.3675, close 1.3648, WTI...
Baystreet.ca - - Loonie suffering from broad-based US dollar strength. - WTI oil prices fall 4.0% - US dollar opens with a mixed tone-commodity bloc currencies underperform. USDCAD: 1.3645, overnight...
By Ismail Shakil, Promit Mukherjee OTTAWA (Reuters) -Canada recorded a bigger-than-expected trade deficit of C$1.1 billion ($806 million) in August, its sixth consecutive monthly shortfall, as...
Baystreet.ca - Futures for Canada's main stock index fell on Tuesday as crude prices declined over easing concerns about a supply disruption in the Middle East, while fading optimism about China's...
Investing.com - The US dollar received a boost from the release of Friday’s stronger-than-expected nonfarm payrolls, but UBS sees this just moving the US currency back to square one. “Last Friday's...
Baystreet.ca - - Markets trading cautiously after Friday’s volatility. - Oil prices rise on fresh supply concerns - US dollar slightly extends Friday’s gains, except against...
Baystreet.ca - September was mostly a “risk-on” month thanks to Powell’s dovish comments at the end of August. His remarks propelled the US 10-year Treasury yield to 3.60% from just...
Baystreet.ca - - Rising tensions in Middle East spark risk aversion trades. - Japanese yen sinks on talk that rate hikes are on hold. - US dollar rallies across the board, JPY underperforms. USDCAD:...
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Traders gauging how to play further downside in the U.S. dollar are looking to the relative strength of economies around the world, as interest rate shifts...
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