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We try to avoid writing about the same currency pair two trading days in a row, but occasionally big new developments make it impossible to avoid. That’s definitely the case when it comes to...
The recent appreciation provides some opportunities The value of the Canadian dollar went up too much, too fast over the last few weeks. Yes, the Bank of Canada changed its narrative recently; away...
Canada’s main stock market continues to drop for the second day. On Tuesday, the S&P/TSX Composite Index was down by 15.79 points, or 0.10 percent, to finish at 15,149.57. It had an intraday...
Canadian bond yields were marginally down on Friday, July 14, 2017 with the 5-year note down by 1.24 percent at 1.519 and 10-year down by 0.63 percent at 1.898. Earlier this week Bank of Canada raised...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It's rare for Fed minutes to trigger such a big move in the U.S. dollar but when the market feels one way and the Fed signals...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Over the past 6 trading days the U.S. dollar has been quietly consolidating its gains versus the Japanese yen, waiting for its...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Euro took a rollercoaster ride Thursday after the European Central Bank’s monetary policy announcement. The ECB left...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar is trading steady-to-lower against most of the major currencies ahead of Friday’s nonfarm payrolls...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. This is a shortened trading week for currencies with Japanese markets closed overnight and nearly all of the major exchanges...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Currency traders are bracing for a busy week in the financial markets. There are 2 monetary policy announcements, 4...
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