Markets directionless, cad awaits boc

Overall, the markets continue to trade in a mixed manner. US stocks declined for a second day overnight, but the selloff didn’t continue in Asia. Se...

December 7, 2022, 6:15 am

Cad/jpy struggling at 100, eyes on boc hike

boc is widely expected to continue with tightening today. But opinion on the size of the rate hike is s...

December 7, 2022, 4:59 am

Usd/cad price analysis: bulls keep the reins around mid-1.3600 with eyes on boc

USD/CAD struggles for clear directions as bulls take a breather after a three-day uptrend, making rounds to the monthly high near 1.3650 during early ...

December 7, 2022, 4:59 am

Gold price dips remain attractive to the bulls

Key Highlights Gold price started a downside correction from the $1,810 zone. A major bullish trend line is forming with support near $1,758 on the 4-...

December 7, 2022, 4:00 am

Usd/cad bulls brace for boc’s interest rate hike amid downbeat oil prices, firmer us dollar

USD/CAD grinds near the highest levels in a month, pauses three-day uptrend. Mixed sentiment keeps US Dollar on the front foot, WTI crude oil fades bo...

December 7, 2022, 2:29 am

A vix ‘breakout’, heavy dollar technicals, boc volatility and recession signals

The VIX volatility index finally broke free of its persistent, two-month bear trend channel; but that doesn’t directly translate to a full breakdown...

December 7, 2022, 1:59 am

Alibaba: technicals more positive than fundamentals

Chinese stocks have staged a strong rally in the last month. The company's fate is highly dependent on moves by the CCP and P...

December 7, 2022, 1:39 am

Pboc sets usd/ cny mid-point today at 6.9975 (vs. estimate at 6.9941)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade ...

December 7, 2022, 1:15 am

Pboc is expected to set the usd/cny reference rate at 6.9941 – reuters estimate

Pboc CNY reference rate is due around 0115 GMT.

December 7, 2022, 12:21 am

Preview of the bank of canada monetary policy meeting wednesday 7 december, +25bp expected

Earlier previews are here:

• ...

  December 6, 2022, 11:27 pm

Invest in the turbocharging of renewable energy with nbct

According to a new report from the IEA, the global energy crisis exacerbated by the war in Ukraine has turboc<...

December 6, 2022, 10:16 pm

Equities bruised ahead of boc decision

Fear seems to have gotten the better of investors on both sides of the border with inflation jitters filtering their way into Canadian markets on the ...

December 6, 2022, 10:14 pm

What's priced in for the boc rate decision

The next big central bank decision is from the Bank of Canada at 10 am ET on Wednesday. The economist consensus is for a 50 bps hike but the market...

December 6, 2022, 8:29 pm

Usdcad may not be the most responsive loonie cross to the boc decision

The Bank of Canada rate decision is on tap for Wednesday, and there is debate around what the central bank intends to do with its policy. USDCAD will ...

December 6, 2022, 7:30 pm

Canadian dollar weakens in otherwise indecisive markets

Canadian Dollar is currently the weakest one in otherwise sluggish markets. Falling oil price is a factor dragging down the Loonie, and traders are al...

December 6, 2022, 2:08 pm

Usd/cad eyes bank of canada meet

The Canadian dollar is slightly lower on Tuesday. In the European session, USD/CAD is trading at 1.3620, up 0.24%. What does the Bank of Canada have p...

December 6, 2022, 1:49 pm

Bank of canada preview: market positioning offers up short-term opportunity

The boc is due to raise rates by 25 or 50 basis points with market positioning square in the middle of ...

December 6, 2022, 1:45 pm

boc interest rate decision: foreshadowing the fed?

Analysts are coalescing around the idea that the boc will hike by a quarter percentage point (or “one...

December 6, 2022, 12:23 pm

Pboc sets usd/ cny central rate at 6.9746 (vs. estimate at 6.9773)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade ...

December 6, 2022, 1:16 am

Pboc is expected to set the usd/cny reference rate at 6.9773 – reuters estimate

The yuan has surged since the easing of coronavirus restrictions in China and the country inches towards reopening.

P...

December 6, 2022, 12:18 am