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US CPI, New Security Initiatives With Tokyo And Manila, Bank Of Canada Meeting
Article By:
Marc Chandler
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Wednesday, April 10, 2024 7:11 AM EDT
The dollar has been confined to narrow ranges ahead of the US CPI report. Given the backup of US rates and the stronger-than-expected jobs growth, the greenback's performance has been unimpressive.
Dollar Consolidates Softer Ahead Of Tomorrow's CPI
Article By:
Marc Chandler
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Tuesday, April 9, 2024 9:17 AM EDT
The dollar is trading with a softer bias in mostly narrow ranges against the G10 currencies. It did not rally much ahead of the US jobs data, and it was not able to sustain the upside momentum afterwards, despite the jump in US yields.
Canada And Australia: Two Economies With Similar Challenges
Article By:
Danielle Park, CFA
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Monday, April 8, 2024 2:48 PM EDT
Canadian GDP per capita declined for the 6th consecutive quarter in the final quarter of 2023; this means there are less resources per person–the standard of living is in decline.
USD/CAD Price Analysis: Retreats To 1.3600 As US Dollar Stays On Sidelines Ahead Of US Inflation
USD/CAD Forecast: CAD Retreats, USD Advances On Jobs Data
Article By:
Yohay Elam
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Monday, April 8, 2024 6:57 AM EDT
Data revealed that Canada’s economy unexpectedly shed 2,200 jobs in March. The US added an impressive 303K jobs in March.
Fundamentals support further upside for the USD/CAD pair.
USD/CAD Forex Elliott Wave Technical Analysis
Article By:
Peter Mathers
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Monday, April 8, 2024 6:15 AM EDT
The USD/CAD Elliott Wave Analysis for the day chart provides traders with a comprehensive view of the potential price movements of the US Dollar against the Canadian Dollar, employing Elliott Wave principles for technical analysis.
Pairs In Focus - Gold, Silver, EUR/GBP, DAX, SP 500, NASDAQ 100, CAC, EUR/JPY
Article By:
Christopher Lewis
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Sunday, April 7, 2024 4:07 AM EDT
Weekly Major Markets Forecast: Gold heads for $2500, Silver squeezes shorts. EUR/GBP eyes 0.86 breakout. DAX, S&P 500, and CAC show recovery signs; NASDAQ eyes 18,500. EUR/JPY bullish, targeting ¥165.
USDCAD Analysis Today And Price Prediction Forecast - Saturday, April 6
Video By:
Frano Grgic
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Saturday, April 6, 2024 3:25 PM EDT
The weekly forecast for the bordering dollars: USD and CAD.
Canada Is Now Experiencing A Hard Landing
Article By:
Norman Mogil
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Friday, April 5, 2024 10:50 AM EDT
Evidence is piling up that the Bank of Canada is not able to engineer the vaulted soft landing after a brutal series of rate hikes.
In this article: EWC
US Employment Data To Set Dollar's Course
Article By:
Marc Chandler
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Friday, April 5, 2024 7:45 AM EDT
The focus is squarely on the US employment report. At the risk of oversimplifying, given the position adjustment in the past 48 hours, a solid report can see the greenback recover.
Impossible Home Prices Are The Problem
Article By:
Danielle Park, CFA
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Thursday, April 4, 2024 11:40 AM EDT
The median Canadian household income of $85k (Dec 2023) now qualifies for a maximum home price of $496k (assuming 20% down, 25-year amortization, and current mortgage rates (5-year fixed).
In this article: EWC