Share: The USD and risk sentiment are the biggest factors driving CAD. Economists at TD Securities analyze Loonie’s outlook. Fading USD/CAD rallies ahead of 1.38 The direction of the broad USD and risk sentiment will dictate the price action of the Canadian Dollar in the near term. We like leaning against the recent
Share: The Norges Bank was a leader in terms of policy tightening, beginning back in September 2021. Economists at CIBC Capital Bank see rates peaking at the end of the year. One last hike for the Norges Bank? Having hiked rates on 13 occasions, the Norges Bank remains biased towards an additional 25
Share: The BoE is likely done raising rates – and the combination of weak activity and a softening labour market will weigh on the GBP in the near-term, economists at CIBC Capital Markets report. The BoE is done but will leave the door ajar Having held rates in September, it appears that the
Share: Even though it looked during the course of the week as if EUR/CHF might recover that is not going to be the case for now. Economists at Commerzbank analyze the pair’s outlook. SNB is likely to tolerate the strong Franc As long as the conflict in the Middle East is brewing and
Share: USD firms modestly. Economists at Scotiabank analyze Greenback’s outlook. Soft data risks for the US may be rising The USD is trading firmer overall but the ‘market-weighted’ DXY is trading off its earlier highs ahead of the North American session and effectively continues to consolidate within the October trading range. Soft data
Economists from the National Bank of Canada Financial Markets division have noted several key data points for both the US and Canadian markets next we لینک منبع : هوشمند نیوز
Share: Strategists from Toronto-Dominion Securities have published an analyst note highlighting that cautions Crude Oil prices, while set to go higher, could see limited upside. Higher yes… But too early to bet on extended oil bull run due to Middle East Oil prices jumped by over four dollars on Friday after the US
Share: Patrick Artus of Natixis is out with a flash note regarding complications for the European Central Bank (ECB) as the central bank looks ahead to a looming confidence crisis. What are the consequences of the ECB’s loss of credibility? If we measure a central bank’s credibility on the basis of long-term inflation
Share: The US labor market held up surprisingly well in September. Pressure for another rate hike is rising, economists at Commerzbank report. Data for the previous months were revised significantly upward In September, job growth in the US amounted to 336K, which was significantly more than expected. The continued strong employment growth –
Share: Canadian jobs figures may tilt market pricing towards another BoC rate hike, but watch for data volatility, economists at ING report. Key jobs figures to steer rate expectations As it often happens, Canadian jobs figures will be released at the same time as the US ones, and the USD/CAD reaction will depend
