CAD Weekly Forecast (April 9 – 13)
Oil and trade updates pulled the Loonie in both directions, but the bulls eventually won out to push the comdoll to its third winning week last week. Will it go for four this week?
Read MoreOil and trade updates pulled the Loonie in both directions, but the bulls eventually won out to push the comdoll to its third winning week last week. Will it go for four this week?
Read MoreThe minutes of the latest ECB minutes are up for release this week, but could this really push the shared currency in a strong direction? Or will sentiment still be king?
Read MoreThere were plenty of weekend geopolitical news for Asian session traders to chew on, but they were mostly ignored in favor of cautious risk appetite.
Read MoreSterling was able to pocket a few gains against some of its peers last week, and a few major releases from the U.K. could determine whether it could keep winning or not.
Read MoreThe yen marked its second week of losses last week despite the additional tariffs announced by China and the U.S. Will the low-yielding currency continue to take cues from bond yields this week?
Read MoreAussie traders shrugged off top-tier data last week in favor of pricing in global trade war updates. Will we see the same themes this week?
Read MoreIt was mostly risk sentiment that moved the Kiwi around last week. Will this week’s set of catalysts extend its trends?
Read MoreThere wasn’t a lot of action during today’s morning London session, likely because traders were keeping their heads down ahead of the NFP report. Oddly enough, however, the Aussie managed to close higher against all its peers.
Read MoreNo data? No problem…or not! Thanks to fresh trade war concerns, Asian session forex traders flocked to safe havens like the franc and the yen.
Read MoreThe dollar was supported by a bit of recovery and risk-taking from the previous sessions. Meanwhile, the Loonie also got a nice boost after Trudeau shared that NAFTA negotiations are “moving forward.”
Read MoreI didn't get to where I am by thinking about it or dreaming about it. I got there by doing it.Estee Lauder