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Falling oil prices paired with increased demands for the U.S. dollar continues to favor a bullish outlook for the USDCAD, and we may see the pair work...
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Prices pressures in Canada are expected to weaken further as economists forecast the consumer price index to slip to an annual reading of 3.1% from 3.4%...
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The Swiss National Bank surprised the markets by unexpectedly lowering the 3-month LIBOR target rate for the third time over the last two months as they...
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The SNB cut the target range for 3m Libor by 100 bp to 0.5-1.5% in another inter-meeting move. The SNB said in a statement that as a result of price falls...
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Overall, some of the major pairs started to trend in the European session, despite the currency market coming to a standstill during the Asian trading hours. The dollar and the yen are stronger, as the entire market is in risk aversion mode, closely
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The Dollar slipped versus Yen on Wednesday, as worries grew about the ailing US auto industry and a record slide in US consumer prices fanned fears of a deeper recession. The euro weakened against the Dollar as worries about a worsening global slowd
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There will be additional pressure on the Japanese Finance Ministry to stem further yen appreciation with an increased threat of intervention warnings. The dollar briefly pushed to a high above 97 against the yen on Wednesday before moving back to te
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The Pound continued to fall leading up to the U.K. retail sales report, before it pared some of its losses when the reading was better than expected. However, the bullish momentum was short lived as the Sterling ran into resistance at the 1.4900 pri
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BoE's Gieve says central banks and governments must be ready to take further actions. In a speech late yesterday, Gieve noted that advanced economies are...
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Public-sector borrowing in the U.K. increased 1.4B in October, which was much higher than the 0.4B rise projected by economists, and was followed by a...
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Retail spending in the U.K. fell 0.1% in October following a 0.5% decline in the previous month, which was much stronger than the 0.9% fall projected by...
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