Tag Archive: US Unemployment Claims

No rest for the weary

No rest for the weary No rest for weary as the markets will get bombarded by events risk from virtually every angle this week. Trade war, elections, US data, Fedspeak, Eurozone inflation and the Bank of Canada (BoC)Business Outlook Survey…
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USD/CAD – Canadian Dollar Steady as Markets Await Fed Rate Hike

The Canadian dollar is subdued in the Wednesday session. Currently, USD/CAD is trading at 1.3019, up 0.03% on the day. On the release front, there are no Canadian events. PPI is expected to rise to 0.3% and Core PPI is…
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EUR/USD – Euro Ticks Higher Ahead of Expected Fed Rate Hike

EUR/USD is steady in the Wednesday session. Currently, the pair is trading at 1.1760, up 0.13% on the day. In the eurozone, Employment Change edged up to 0.4%, above the estimate of 0.3%. Industrial Production declined 0.9%, weaker than the…
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Calm before chaos but more likely the fear of the unknown.

Calm before chaos but more likely the fear of the unknown. But one thing that we do know for sure is the president’s uncontrollable need to defend his status is more apparent than any strategy when comes to bilateral trade…
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Let the Games Begin

 Maximus Pressure or Circus Maximus Both the S & P and Nasdaq fell overnight snapping the 5-day winning streak as the tech sector sags. But entering weeks end investors are taking another peek at the calendar and thinking that perhaps…
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GBP/USD – British Pound Shrugs Off Strong Housing Inflation Data

The British pound has posted slight gains in the Thursday session. In North American trade, GBP/USD is trading at 1.3432, up 0.15% on the day. On the release front, British Halifax HPI recorded a strong gain of 1.5%, beating the…
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USD/CAD – Will Ontario Election Shake Up Canadian Dollar?

It has been an uneventful week for the Canadian dollar, and the trend has continued on Thursday. Currently, USD/CAD is trading at 1.2958, up 0.11% on the day. On the release front, the U.S unemployment claims is expected to edge up to…
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EUR/USD – Euro Rises to 3-Week High on Talk of Stimulus Wind-Up

EUR/USD has posted gains in the Thursday session. Currently, the pair is trading at 1.1822, up 0.40% on the day. On the release front, German Factory Orders plunged 2.5%, missing the estimate of 0.7%. In the eurozone, Revised GDP dipped…
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USD/CAD – Canadian Dollar Improves, Trade Balance Next

The Canadian dollar has rebounded on Wednesday, recording considerable gains. Currently, USD/CAD is trading at 1.2896, down 0.54% on the day. On the release front, Canada trade deficit is expected to narrow to C$3.4 billion. The markets are braced for a poor…
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