The USDCAD moved lower on Friday, driven by a stronger-than-expected Canadian jobs report. Employment surged by 66.6K (vs. -5K expected) while the unemployment rate fell …
Category: Forex Short News
BNP Paribas is out with a note estimating how the economic data schedule might look if the US government reopens today. It’s not a pretty …
Policy is in a good place Rate cut so far has supported labor market, keeps downward pressure on inflation Slow wage growth shows it’s a …
The USD is mixed with the USD lower vs the EUR and GBP by higher vs the JPY as the market reacts to the potential …
Headlines: US futures keep higher on hopes of end to government shutdown Fed’s Daly says need to keep an open mind about further rate cuts …
Rate cuts by year-end Fed: 16 bps (65% probability of rate cut at the upcoming meeting) 2026: 82 bps ECB: 1 bps (96% probability of …
Restrictive policy is putting downward pressure on inflation Tariffs effects are largely confined to goods Inflation expectations still relatively well anchored She’s clearly erring on …
Fundamental Overview The USD has weakened pretty much across the board last week despite a strong US ADP and ISM Services PMI. As mentioned previously, …
The risk mood is staying buoyed in European trading and is set to carry over to US trading later as well. The big news since …
Fed needs to guard against inflation risks But should not ignore possibility of productivity boom and faster non-inflationary growth Tariff-driven price increases not spilling over …