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NFP-day but Canada focuses on trade data

It might be NFP day, however along with Jobs report, the release of trade balance from Canada is likely to concern the markets as...

CAD CPI & Strong US Housing ahead of FED

USDCAD, H1 Canada's CPI through August is consistent with steady BoC policy through year end. CPI dipped to a 1.9% y/y pace in August from...

USD Softens vs CAD & GBP

USDCAD & GBPUSD, H1 USDCAD traded to two-week lows of 1.3225 (S1) in early North American trade, down modestly from early Asian highs of 1.3253....

FX Update – August 13

USDJPY, H4 USDJPY has perked up to NY-session highs of 106.67, up from 105.15 ahead of the US CPI data. Wall Street has been the...

Powell Testimony Sinks USD

Fed Chair Powell's prepared testimony said uncertainties since the June FOMC continue to weigh on the outlook while inflation pressures remain muted.   https://soundcloud.com/hotforexbroker/powell-testimony-sinks-usd   Click here to access the...

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...

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