Content
All Posts > Content under Canada
Powell Sent The Dollar Lower. Will The August Jobs Data Bring It Back?
Article By:
Marc Chandler
Read
Sunday, August 29, 2021 9:06 AM EDT
Federal Reserve Chairman Powell's long-anticipated speech at Jackson Hole provided fireworks but not quite what the market had expected. Confirmation of tapering was support to lift US rates and the dollar.
Key Events In Developed Markets Next Week - Saturday, Aug. 28
Article By:
ING Economics
Read
Saturday, August 28, 2021 4:00 AM EDT
Friday's payrolls number will have a strong bearing on whether the Federal Reserve announces tapering in September.
Business Loans Have Virtually Collapsed Hurting The Canadian Recovery Efforts
Article By:
Norman Mogil
Read
Friday, August 27, 2021 2:48 PM EDT
The Canadian banks chalked up significant profits last quarter, as the accountants decided to re-instate provisions for loan losses taken in prior quarters.
In this article: EWC
Powell On Tap
Article By:
Marc Chandler
Read
Friday, August 27, 2021 7:20 AM EDT
News of the deadly strike at the Kabul airport quashed risk appetites, sending equities lower and the dollar higher. 10-year Treasury yields were little changed on the day but settled off almost five basis points from the intraday high.
USD/CAD Price Dominated By Bears At 1.26 Ahead Of US Prelim GDP
Article By:
Yohay Elam
Read
Thursday, August 26, 2021 9:04 AM EDT
The USD/CAD price is trading in the red at the time of writing. It has registered an impressive sell-off, and now it hovers above a major support zone. It remains to see how it will react after the US data publication.
Market Awaits Fresh Incentives
Article By:
Marc Chandler
Read
Wednesday, August 25, 2021 6:58 AM EDT
Neither the chaos and tragedy unfolding in Afghanistan nor the US refusal to acquiesce to the allies' request to extend the August 31, deadline seems to have much impact on the global capital markets.
USD/CAD Forecast: RSI Sell Signal Emerges Ahead Of Fed Symposium
Article By:
David Song
Read
Monday, August 23, 2021 11:12 AM EDT
USD/CAD extends the pullback from the fresh yearly high as the Relative Strength Index (RSI) falls back from overbought territory to indicate a textbook sell signal.
Forex Today: Stocks & Risk Currencies Bounce Back
Article By:
Daily Forex
Read
Monday, August 23, 2021 3:51 AM EDT
Stock markets recovered strongly Friday from the hard dip made earlier in the week, and continue to be bid as this week opens. Asian stock markets have already seen strong rises today, with the Japanese Nikkei 225 Index up by more than 1.82%.
USD/CAD Weekly Forecast: Safe-Haven Dollar Leading Rally To 1.3000
Article By:
Yohay Elam
Read
Sunday, August 22, 2021 3:15 PM EDT
The weekly forecast for USD/CAD is bullish despite Friday’s corrective move of more than 100 pips. Due to political events and concerns about slowing economic development, the USD/CAD pair soared to an eight-month high on Friday, marking a 2.4% gain.
The Dollar: Too Much Of A Good Thing Or Bear-Trap Profit-Taking?
Article By:
Marc Chandler
Read
Sunday, August 22, 2021 8:29 AM EDT
Last week equities and commodities got hit hard while the dollar soared, especially against the major currencies typically seen as levered to world growth and whose central banks are perceived to be ahead of the Federal Reserve.
Is Lightspeed POS A Good Stock Worth Buying Right Now And Into 2022?
Article By:
Hashtag Investing
Read
Saturday, August 21, 2021 5:30 PM EDT
Lightspeed POS, presently known as Lightspeed Commerce Inc, is a Canadian retail company that offers a Software as a Service e-commerce platform primarily to small and medium-sized businesses. Let's dive into whether or not it could be a good buy.
In this article: LSPD
FOMC Minutes Stole Some Of Jackson Hole's Thunder
Article By:
Marc Chandler
Read
Saturday, August 21, 2021 12:44 PM EDT
There are two highlights in the last full week of August that will draw the attention of investors: the Federal Reserve's symposium (Jackson Hole) and the preliminary August PMI reports. Still, the elephant in the room remains to be the virus.
In this article: FXC
USDCAD Daily Analysis – August 21, 2020
Article By:
ForexCycle
Read
Saturday, August 21, 2021 9:14 AM EDT
USDCAD extended its downside movement from 1.3715 (Jun 26 high) to as low as 1.3132.