MarketPulse

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...

USD/CAD Loonie Stable After Brexit Shock as Oil RetreatsThe Canadian dollar plunged after the Brexit news hit the markets. Risk aversion triggered a demand for safe haven assets like the USD, JPY, CHF...

The Canadian dollar traded lower on Wednesday as voters in the UK prepared for the UK EU referendum and oil prices dropped after inventories in the U.S. did not fall as much as expected. The CAD had...

The Canadian dollar got a boost from British polls pointing to a rise of the Stay camp. Over the weekend the sentiment has started to shift after the tragic shooting of pro-Stay MP Jo Cox. The USD had...

Undecided Could Swing the Final Brexit Referendum OutcomeThe June Federal Open Market Committee (FOMC) statement brought no surprises after the Non Farm Payrolls miss changed market expectations. The...

The U.S. Central Bank Expected to Keep Rate Unchanged but Focus on ForecastsCentral banks will take the spotlight as the U.S. Federal Reserve, Bank of Japan (BOJ), Bank of England (BoE) and the Swiss...

The US dollar decline continues as a potential June Federal Open Market Committee (FOMC) interest rate hike has all but evaporated after the weak U.S. non farm payrolls (NFP) report on June 3. The...

The Canadian dollar appreciated against the USD thanks to oil prices gaining as the uncertainty about a U.S. rate hike in June continues. The disappointing U.S. jobs numbers, 38,000 new jobs added in...

US Jobs Report Disappointed with a 38,000 gain in MayFundamental indicators rose in priority as the U.S. Federal Reserve had signalled in the Federal Open Market Committee (FOMC) meeting minutes that...

Canadian monthly gross domestic product (GDP) was lower than expected on Tuesday. The Canadian economy shrank by 0.2 percent in March. The first quarter growth reached 2.5 percent at an annualized...

The loonie started the week lower as the Memorial Day holiday will severely limit liquidity. The week promises to be full of trading activity for all major pairs, but for now the is the calm before...

Central Bank Policy, the OPEC Meeting and NFP to pack FX AgendaThe U.S. Memorial Day weekend will shorten the trading week and compress employment releases in a week that is already filled with major...

The Canadian dollar resumed normal trading conditions after the Victoria day long weekend. The loonie has underperformed against the U.S. dollar as Canadian growth has slowed down and the Fed minutes...