MarketPulse

The Canadian currency is lower against the U.S. dollar after the International Energy Agency downgraded their crude demand forecast a day after the Organization of the Petroleum Exporting Countries...

A number of formations on the longer term charts are pointing to a higher NZD as the USD melts away post a very poor ISM last night.For those of you who don’t know, the Kiwi is the national bird...

Resource based economy is slowing down but not enough for central bank to act.The Bank of Canada (BoC) will release its rate statement at 10:00 am EDT on Wednesday, September 7. The Canadian central...

The Canadian dollar touched a three week low versus the U.S. dollar on Wednesday as oil inventories surprised with a larger buildup in America and Canadian data disappointed. The economy shrank at an...

The Canadian dollar depreciated versus its U.S. counterpart on Tuesday. The probability of a U.S. Federal Reserve interest rate hike in September has kept the USD rally going as it heads into the...

The Canadian dollar benefited from stronger oil prices that rebounded after the U.S. inventories of gasoline surprised with a higher than expected drawdown. There are still concerns as that same...

The Canadian dollar started the trading week on the wrong foot after oil futures dropped with the prospect of further drilling in the U.S. to add to the already oversupplied market. With few economic...

The Canadian dollar was lower versus its American counterpart on Tuesday ahead of the American Petroleum Institute weekly report on crude inventories. Oil prices have been softer since inventories...

The ECB is Expected to Show the Same Caution as the Fed and BoEThe European Central Bank (ECB) is up in the economic calendar as the next major central bank to follow the Brexit aftermath. The ECB is...

UK Central Bank Could Cut Interest Rates to Deal with Brexit AftermathU.S. employment data provided direction to investors who are still anxious about the referendum vote by Britain to leave the...

The Canadian trade balance brought bad news for the economy early in the North American trade session. The deficit was wider in May at CAD 3.28 billion higher than the forecast of CAD 2.7 billion....

The US Central Bank Kept Rates on Hold Citing Brexit RisksThe Federal Open Market Committee (FOMC) June statement brought no surprises three weeks ago. The U.S. benchmark interest rate remained...

BOE Governor Mark Carney Said Rate Cuts Will Be Needed as UK Growth Slows DownGlobal markets bounced back on Thursday as the end of the quarter flows and the reality of a prolonged Brexit process...

The Canadian dollar advanced against the U.S. dollar as Brexit fears that triggered a sell off have abated. There has been little in way of economic indicators to drive the market and official...

The Canadian dollar is trading lower versus the USD on the first trading session of the week. The volatility felt in the markets since the exit polls started pointing to a Leave win on the EU UK...

UK EU Referendum Ends with a Leave Win Unleashing a Chaotic Market Reaction.Voters in the United Kingdom decided by a 51.9 to a 48.1 percent to leave the European Union in the final result of the...