S&P 500 Talking Points: CSX earnings offered a second economic impact on lower guidance, but it is may be Netflix that truly hits markets through risk appetite Trade war references from earnings and Fed Beige Book pale in comparison to influence from IMF’s External Sector Report President Trump could find cannon fodder for his push […]

Canadian Dollar Talking Points USDCAD trades near the yearly-low (1.3037) even though the Bank of Canada (BoC) endorses a wait-and-see approach for monetary policy, and recent price action keeps the downside targets on the radar as the exchange rate fails to break out of the monthly opening range. USDCAD Rate Risks Bearish Behavior as Fed […]

Asia Pacific Market Open Talking Points Canadian Dollar rose with crude oil prices on Middle East geopolitical tensions AUDCAD closes at October low, fall was compounded by Australian jobs data Aussie Dollar looking to Chinese retail sales and industrial production outcomes Trade all the major global economic data live as it populates in the economic […]

Canadian Dollar Talking Points USDCAD remains under pressure ahead of the U.S. Non-Farm Payrolls (NFP) report as Federal Reserve officials change their tune, and the exchange rate may continue to retrace the advance from the April-low (1.3274) as it initiates a series of lower highs and lows. USDCAD RateEyes April-Low Ahead of NFP, Canada Employment […]

Reversal Talking Points: The head-and-shoulder ‘neckline’ breaks still stand for the Dow and S&P 500 but follow through is notably lacking Dollar looks to be the most productive of the major currencies yet its drive defies diving rate forecasts and troubled growth views Fresh turbulence was stirred in trade wars as US VP Pence said […]

Auto Industry Outlook: Trade Wars and Tariffs Have Put the US Auto Industry in Peril The US auto industry is in peril despite efforts from the Trump administration to bolster the sector and revert manufacturing back to domestic plants. That said, the two largest US auto manufacturers, Ford and General Motors, have performed admirably in […]

USD/CAD Price Outlook, Charts and Analysis Bank of Canada rate decision today and Canadian growth figures on Friday. USD/CAD pushing towards the higher end of the trading range. Find out more about what is likely to move market prices through mid-year, and download for free Q2 USD and CAD forecasts To learn more about data […]