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Could CAD keep extending in overbought conditions?

USDCAD and NZDCAD the Dollar is picking up some bids, which has sent EURUSD and AUDUSD to respective intraday lows at 1.1370 and 0.7301. USDCAD...

Clarida turns Hawkish

USDCAD, H1 Fed VC Clarida supports the gradualist policy trajectory in his speech on Data Dependence and U.S. Monetary Policy. Such a stance allows the...

Canada: CPI & Retail sales Preview

Focus turns to October Canadian Inflation and Retail Sales data:  In Canada, there has not been any domestic data so far this week, before the...

OPEC-JMMC Day: Oil and Loonie – Tentative moves?

USDCAD and USOil, H4 and Daily USOil prices reached an overnight high of USD 57.44 per barrel. The 4-day run higher in Oil prices, after...

USD Holds Gains from the New NAFTA – Video Analysis

USD and CAD still bid on USMCA USDCAD has recouped to the lower 1.2800s after posting a four-month low at 1.2782 yesterday, which marked the...

Trading on Inflation Surprises

Standard economic theory postulates that positive inflation surprises should have a negative effect on the exchange rate. Nonetheless, currencies appear to move in tandem...

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