Canadian Dollar

Marc To Market's picture

Near-Term Dollar Outlook





Regardless of where one thinks the dollar is going in the long-term, here is a discussion of where it will likely go in the short-term.  

 
GoldCore's picture

Gold Hammered Down In Sunday Night’s 2-Minute, $2.7 Billion “Unprecedented Attack”





Since yesterday there has been another of wave of negative, misleading and almost triumphalist commentary on gold most of which studiously ignores the clear evidence of manipulation of the price on Sunday night.

 
Marc To Market's picture

Dollar Bulls in Charge, but Stretched Technicals May Test Conviction





The dollar made new multi-year highs against the dollar-bloc and is bid against most major and em currncies.  Why?  

 
Tyler Durden's picture

Global Stocks Jump After Greeks Vote Themselves Into Even More Austerity





And so the 2015 season of the Greek drama is coming to a close following last night's vote in Greek parliament to vote the country into even more austerity than was the case before Syriza was voted into power with promises of removing all austerity, even with Europe - which formally admits Greece is unsustainable in its current debt configuration - now terminally split on how to proceed, with Germany's finmin still calling for a "temporary Grexit", the IMF demanding massive debt haircuts, while the rest of Europe (and not so happy if one is Finnish or Dutch) just happy to kick the can for the third time.

 
Tyler Durden's picture

USDCAD Surges To 6 Year Highs As Bank Of Canada Slashes GDP Forecasts, Unexpectedly Cuts Rates





In what seems to have surprised FX trader, Bank of Canada has taken an ax to growth forecasts and rates...

*BOC CUTS CANADA 2015 GDP FORECAST TO 1.1% FROM 1.9%
*BANK OF CANADA CUTS 2Q GDP ESTIMATE TO -0.5% FROM 1.8%
*BANK OF CANADA CUTS BENCHMARK INTEREST RATE TO 0.5%

Furthermore, it warns that "consumer debt vulnerabilities are edging higher" and export weakness is "puzzling."

 
Tyler Durden's picture

World Powers Reach Landmark Nuclear Deal With Iran, Oil Slides - Full Deal Text





It is only fitting that almost exactly 24 hours after the Greek "pre-deal", which may and will end up crashing and burning in very short notice, another long expected "deal", one which has been about a decade in the making, was reached, when Iran reached a landmark nuclear agreement with the U.S. and five other world powers, a long-sought foreign policy goal of the Obama administration. However, just like with the Greek deal celebrations, these too will likely be short lived as the outcome sets the White House on course for months of political strife with dissenters in Congress and in allied Middle Eastern nations.

 
Marc To Market's picture

Collective Sigh of Relief may Weigh on the Greenback





Non-bombastic look at the price action and speculative positioning, with the hope of anticipating next week's developments.

 
Marc To Market's picture

Dollar Psychology ahead of Key Events in Greece and US Jobs Data





A look at the psycholgoy of traders as reflected in the price action ahead the new week which promises to be eventful.

 
Marc To Market's picture

Dollar Tone Heavy; Can FOMC Lift It?





No follow through dollar buying against euro, yen and sterling after data showing US economyis recovering from weak Q1.  What is happening?  What is the outlook?

 
Phoenix Capital Research's picture

We Haven't Seen Moves Like This Since 2008





The bounce in risk we are witnessing today will not last. The underlying moves in the largest markets in the world are equal to those we saw during the 2008 Crash. Stocks are ALWAYS the last to "get it."

 
Marc To Market's picture

Dollar Outlook





Grit your teeth if you have to.  Cry if you want to.  US labor market is improving and the dollar is strengthening.

 
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