USD/CAD Weekly Forecast: Gaining Ahead of Major BoC Cut
Traders increased the likelihood of a massive Bank of Canada rate cut in December. Canada’s unemployment rate jumped from 6.5%...
Read moreDetailsTraders increased the likelihood of a massive Bank of Canada rate cut in December. Canada’s unemployment rate jumped from 6.5%...
Read moreDetailsFrench government bonds steadied on Friday, boosting the euro. Market participants are almost entirely pricing an ECB rate cut. US...
Read moreDetailsMost economists expect the RBA to keep rates unchanged next week. Market participants are pricing a 70% chance of an...
Read moreDetailsPM Ishiba noted on Thursday that the government fully supports the Bank of Japan. US private employers hired 146,000 new...
Read moreDetailsThe USD/CAD pair traded in a tight range ahead of the US NFP report. The Fed Chair said that the...
Read moreDetailsThe Bank of England will likely stick to a gradual pace for rate cuts next year. US job vacancies rose...
Read moreDetailsAustralia’s economy expanded by 0.3% in the third quarter. Market participants increased the likelihood of an RBA rate cut in...
Read moreDetailsThe euro plunged in the previous session due to political turmoil in France. The euro lost 3% of its value...
Read moreDetailsCanada’s manufacturing PMI rose from 51.1 to 52.0 in November. The US manufacturing PMI rose to 48.4 after a previous...
Read moreDetailsCanada’s economy expanded by 1% in the third quarter. Markets raised the chances of another super-sized BoC rate cut from...
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