Week Ahead – Doves are Back in Control
US stocks rallied to record highs and dollar weakness returned as investors shrug off the hawkish tilt given...
Forward Guidance: Better Times ahead after Spring Wave Dented Canada’s GDP Recovery
Even as optimism builds alongside rising vaccination rates, backward-looking Canadian economic growth data will continue to reveal the...
US Core PCE: Will it Cause US Fed Members to Change Their Views?
US Core PCE is said to be the Fed’s favorite measure of inflation. As mentioned in our Preview,...
The S&P 500 Index Set A New All-Time High On The Back Of US Labor Market Data And The Infrastructure Deal
The number of initial jobless claims in the US fell by 7,000 last week to 411,000. The labor...
Japanese Yen Touches 3-Month Low
USD/JPY has posted slights gains on Thursday. In the North American session, USD/JPY is trading at 110.73, down...
Gold Remains Rather Steady
The USD seemed to steady yesterday against a number of its counterparts, while US stockmarkets even retreated a...
CAD Shrugs Off Soft Retail Sales
The Canadian dollar is in positive territory for a third straight day. In Wednesday’s North American session, USD/CAD...
Euro Yawns as German PMIs Accelerate
The euro is almost unchanged in the Wednesday session. In North American trade, EUR/USD is trading at 1.1940,...
Asian Open: The Fed Guides Equities Higher, Copper Probes Resistance
We’re amidst another busy week for the Fed with 16 public appearances scheduled overall, with Powell, Mester and...
Pound Under Pressure, Falls Below 1.39
The British pound has reversed directions on Tuesday. In the North American session, GBP/USD is trading at 1.3913,...
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