Is USD/CAD poised for another bullish round?

Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

The Japanese yen strengthened further following an upbeat Tokyo CPI reading above 2%, reinforcing expectations of a potential BoJ rate hike. USD/JPY fell below the 150 level as market sentiment shifted. Meanwhile, the dollar remained subdued after Wednesday’s PCE report, with the Dollar Index retreating from the 106 mark, reflecting expectations of steady Fed policy.

PU Prime | 12 h 49 min atrás

How Global Economic Shifts Shape November's Trading Opportunities

The U.S. economy continues to chart a path toward a "soft landing," a scenario where inflation cools without triggering a severe recession. Gradual easing in the labour market underscores this trend, with recent jobless claims figures showing minor increases yet remaining well below concerning thresholds. Businesses are largely retaining staff, indicating stable employment conditions.

ACY Securities | 1 dia atrás

Trump’s Tariff Policies Push Dollar Higher

The dollar surged to a recent high, recovering from yesterday's retreat, driven by President-elect Donald Trump's threats of 25% tariffs on Canada, China, and Mexico.

PU Prime | 3 dias atrás

What’s Next for USD, CAD, and AUD?

The FX market has been showing some volatility, with the U.S. Dollar (USD) showing signs of softening amidst varying economic signals. The slight dip in the USD's strength was influenced by inconsistent Treasury yields and a relatively quiet economic calendar for this week.

ACY Securities | 4 dias atrás

USDCAD: What’s next after a four-year high?

USDCAD snaps long-term range above 1.4000. Bulls may take a breather; overall outlook remains bullish.

XM Group | 14 dias atrás

Canadian Dollar Faces Mounting Pressure Amid U.S. Economic Strength and Rising Yield Gaps

The Canadian dollar (CAD) has recently come under pressure, sliding to a nearly three-month low against the U.S. dollar (USD). This depreciation is primarily driven by a widening gap between Canadian and U.S. short-term interest rates, a disparity that has reached levels distinctly favouring the USD.

ACY Securities | 24 dias atrás

Week Ahead Anticipate Volatility from U.S. Elections and FOMC Meeting

The markets are on edge with the impending U.S. presidential election and FOMC meeting. These events are major drivers of potential volatility, especially across FX markets and interest rate-sensitive sectors, as traders and investors await critical decisions and possible shifts in economic policy. Let’s break down the anticipated impacts of each factor.

ACY Securities | 24 dias atrás

Heighten Geopolitical Tension Hit on Wall Street

Wall Street was hit hard by the escalating geopolitical tensions in the Middle East, with Israel and Hezbollah exchanging heavy fire.

PU Prime | 36 dias atrás

EURUSD	1.0577	GBPUSD	1.27334	AUDUSD	0.65229
USDJPY	149.608	USDCAD	1.3998	USDCHF	0.88038