Tag: CADCHF
CADCHF Displaying Inverted Head & Shoulders Ahead of BOC Announcement
CADCHF, D1
Most market participants now, anticipate the BOC to raise interest rates in today's meeting, after being silent during the previous 2 meetings. GDP...
Canadian Dollar Strengthens Across the Board
The Canadian Dollar has been one of the major overperforming currencies in 2021, but has been fading lately, with declines recorded against the Dollar,...
Market Update – November 29 – Omicron dominates sentiment
USD (USDIndex 96.30) recovers from Fridays slump (95.98), Stocks lost over -2.2% in thin half-day trading, Oil FUTS lost -13%, Gold slumped &...
Market Update – September 21 – Evergrande worries weigh
Market News
USD (USDIndex 93.17) holds gains but down from 20 day high at 93.43. CAD recovers after Trudeau gets minority majority and...
CAD remains and should continue to remain capped
Canada's GDP grew 9.6% in Q4 (q/q, saar), better than expected after the 40.6% bounce in Q3 (was 40.5%) that followed the 38.5% plunge in...
US Retail Sales Heads Mixed US Data
USDCAD, H4
US January retail sales increased 0.3% for both the headline and ex-autos. December's 0.3% headline gain was revised down to 0.2%, while the...
