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Market Overview | 07 August

Technical Corner Currency market   NZDUSD: The New Zealand Dollar over 2% in hitting its lowest level against the US Dollar since January 2016, at 0.6377, and...

BoC and Loonie Crosses

Bank of Canada's announcement is expected to result in no change in rates and a repeat of the data-driven mantra. Given that recent data...

AUDCAD: 9-year low ready to host the pair?

The Dollar has held net steady versus the Euro and Yen, paring intraday losses in the case against the latter, while AUDCAD dropped quite...

As risk off holds, Aussie attracts more bulls

Australian and Canadian Dollars managed to eke out respective 3- and 2-session highs against the US Greenback. This was seen amid a steadying in...

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...

EURCAD: Could the 2-day rally be just a correction?

EURCAD lifted to a two-session high at 1.5007, which is about 18% up on the 8-week low seen yesterday. A sharp 3%-odd dive in...

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