usd

The Canadian dollar has posted small gains in the Tuesday session. Currently, USD/CAD is trading at 1.3003, down 0.12% on the day. On the release front, Canada releases Manufacturing Sales. There are no major releases in the U.S. On Wednesday, the U.S publishes building permits and housing starts. A welcome respite…

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Tuesday September 18: Five things the markets are talking about It was coming, the market new it was coming, just when, and how much, were the unknown variables. President Trump has imposed an additional +10% tariffs on about +$200B worth of imports from China, rising to +25% by the turn…

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Foreign investment in Canadian securities reached $12.7 billion in July, mainly from acquisitions of federal government bonds. At the same time, Canadian investment in foreign securities totalled $13.1 billion, led by record purchases of foreign bonds. Foreign investment in federal government bonds resumes Foreign investment in Canadian securities reached $12.7…

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The Canadian dollar is trading sideways in the Monday session. Currently, USD/CAD is trading at 1.3019, down 0.13% on the day. On the release front, it’s a quiet start to the week. Canada releases foreign security purchases and the U.S publishes the Empire State Manufacturing Index, which is expected to slip…

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EUR/USD has posted slight gains in the Monday session. Currently, the pair is trading at 1.1648, up 0.20% on the day. On the release front, it’s a quiet start to the week. Eurozone Final CPI ticked lower to 2.0%, matching the estimate. In the U.S, the Empire State Manufacturing Index is…

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Monday September 17: Five things the markets are talking about The possibility of a new round on tariffs on Chinese goods is not helping equity markets this Monday morning. The ‘big’ dollar is holding onto Friday’s gains as investors try and acclimatize themselves to the ever-fluid trade situation that President…

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It’s not will they or won’t they – it’s how much The market appears resigned to the fact that US President is about to announce the next set of tariffs on $200 billion worth of Chinese imports. There are only two questions to be answered: when? Is it today, tomorrow…

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India has decided to curb the import of “non-essential items” and take further measures to boost exports as New Delhi seeks to reduce its widening current account deficit and shore up its rapidly depreciating currency.   Financial Times Stephen’s View: INR was supported via FPI’s on  Friday after catching a…

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The dollar bounced back on Friday, after a couple of economic indicator misses this week, the greenback is higher against all major pairs. Major pairs and commodities are lower against the greenback ahead of the weekend. The American currency did not manage to overturn the losses posted during the rest…

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