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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...

Receding concerns about COVID-19 boosted Oil and CAD prices

A risk-on backdrop, amid receding concerns about the coronavirus outbreak, has boosted the Dollar bloc currencies and Oil prices, which is a particular boon...

FX Update – January 31 – Brexit Day

GBPUSD, H1 Risk-off positioning in currencies came to an uncertain pause, amid a backdrop of sputtering stock markets amid continuing concerns about the spread of...

FX Update – The Usual Suspects & USDCAD

USDCAD, H1 The Yen surged and then sharply unwound gains in volatile trading during trading in Tokyo. The rally in the Japanese currency was part...

FOMC Minutes & ISM Manufacturing – A Preview

USDCAD, Daily The Federal Open Market Committee (FOMC) minutes of the December 10-11 meeting are due later today (19:00 GMT). The report should reiterate that...

USDCAD remains biased lower

USDCAD, H4 USDCAD has breached below 1.3150 again today and is once again testing the six-week low at 1.3115 which was touched on Monday (December...

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