Canadian Dollar

Marc To Market's picture

Dollar Bulls Bends,but Will They Break?

The poor jobs report weighed on the dollar, but the greenback recovered as the session progressed.  It is not clear the jobs report was a game changer.  Stay tuned.  

GoldCore's picture

Gold in Q3: USD -4.5%, EUR -2.4%, GBP +1.5%, CHF +2.4%, CAD +4.6%

Gold in Q3: USD -4.5%, EUR -2.4%, GBP +1.5%, CHF +2.4%, CAD +4.6%. Global stocks fall 5% to 13% - Stocks face worst quarter since 2011 over fears for global economy

Marc To Market's picture

The Dollar may Consolidate Before Moving Higher

Yellen's reaffirmation of a likely rate before year-end helped lift the dollar.  Look for some consolidation ahead of the US jobs data.  

Marc To Market's picture

Fate of Dollar Bulls Post-Fed

The divergence meme that is the center of the dollar bull narrative was never predicated on precise timing of Fed's lift-off.   To go from no hike in September to Fed will never raise interest rates, or QE4 is next, is a needless exaggeration.  

Tyler Durden's picture

For Canadian Oil Sands It's Adapt Or Die

That low oil prices are squeezing out oil sands producers is not breaking news. But in spite of a grim oil price outlook, production out of Calgary has continued to grow, defying both expectations and logic. The implications are serious, not just for the future of Canada’s energy industry and economy, but also North American energy relations.

Tyler Durden's picture

The Petrostate Hex: Visualizing How Plunging Oil Prices Affect Currencies

Every day, the world consumes 93 million barrels of oil, which is worth $4.2 billion. Oil is one of the world’s most basic necessities. At least for now, all modern countries rely on oil and its derivatives as the backbone of their economies. However, the price of oil can have significant swings. These changes in price can have profound implications depending on whether an economy is a net importer or net exporter of crude.

Marc To Market's picture

Dollar Bulls Reassert Themselves, but...

Divegence driver of the dollar was never predicated on a particular time frame for the Fed's lift-off.  Others are easing.  Trajectory is the key.  Here is my sense of the near-term dollar outlook, wiht a look at some other asset markets as well.  

Marc To Market's picture

The Dollar: Now What?

Dollar recovered from the exaggerated panic at the start of last week.  Outlook is still constructive.  Here is an overview of the technical condition of currencies, bonds, oil , and S&P 500.  

Marc To Market's picture

Short Covering Lifts Euro and Yen; More to Come?

Steep losses in the dollar, stocks and commodities, for sure, but does it really signal a systemic crisis? 

Syndicate content
Do NOT follow this link or you will be banned from the site!