USDCAD: Influence of Linear Regression Channel and BoC
Bullish Scenario: Buy above 1.3676 with TP1: 1.3699, TP2: 1.3720, and TP3: 1.3735, with an […]
Bank of Canada Edges Closer to Rate Cut But Will it be in June?
Canadian inflation has been moving in right direction this year Investors have assigned a more […]
Instrument of the Week (June 3—7): EURCAD Outlook
The EURCAD pair represents the exchange rate between the Euro and the Canadian Dollar and […]
The Weekly Bottom Line: Bank of Canada in Focus
U.S. Highlights Revisions to economic growth in the first quarter featured a mark down to […]
Weekly Economic & Financial Commentary: Amid Higher Yields, Market Inflation Expectations Remain Stable
Summary United States: May-laise Markets digested a light lineup of economic data on the holiday-shortened […]
Week Ahead – ECB Rate Cut Might Get Eclipsed by BoC Surprise and NFP Report
ECB set to slash rates on Thursday, focus on forward guidance But will the BoC […]
Bank of Canada Set to Make the First Interest Rate Cut Next Week
All ducks appear to be in a row for the Bank of Canada to kick-start […]
Canada’s Economic Growth Rebound Misses Expectations in the First Quarter
The Canadian economy grew by 1.7% quarter/quarter annualized (q/q) in 2024 Q1, while 2023 Q4 […]
The Weekly Bottom Line: FOMC Continues to Preach Patience
U.S. Highlights U.S. equity markets briefly touched a new all-time high mid-week, while measures of […]
The Weekly Bottom Line: Inflation Breaks Its Heat Streak
U.S. Highlights After three consecutive months of hotter-than-expected inflation, consumer prices in the U.S. finally […]
Canadian Inflation Prints to Show Another Step Down in April
Next week’s Canadian April inflation report will be the last major data release before the […]
BoC in spotlight, USD/CAD ready for breakout?
BoC rate decision is under the spotlight today. There is palpable readiness within the central […]