Update on Canadian crosses
USDCAD, EURCAD
USDCAD is in consolidation mode near 1.3300 after rallying sharply after disappointing Canadian GDP data, which sent the pair to an initial peak at...
Slowing signals again in today’s EU session
Judging by preliminary readings out of Spain and Italy, and German state inflation numbers released so far today, Eurozone inflation is likely to drop...
Cable dragged lower by EURUSD
Cable has been dragged lower by declines in EURUSD, which has driven the pair to a two-month low at 1.2944.
The Pound concurrently ebbed against...
EURJPY: ECB and BOJ Policy Divergence
ECB President Christine Lagarde's speech today at the ECB Forum was largely a rehash of what she communicated at the ECB press conference earlier...
KIWI: Sharp dive continues
Yesterday's post included the below analysis. In light of more recent labor data ouf of New Zealand, we are now revising our analysis.
Meanwhile in...
Market Update – October 27 – Yields up, Robust USD
USD (USDIndex 93.84) - topped at 94 before retracing to 93.84 in Asia session.Wall Street rallied to more new highs on the USA500...
