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Monthly archive October, 2016

USD: Subject To A ‘Large Appreciation’ On ‘Backward Induction’ – Goldman Sachs

Much of the focus in recent weeks has been on whether the Fed will hike rates this year.

We side-step that debate and work backwards, looking at what interest rate futures price in the medium term. Through mid-2019, i.e., Read More →

EURCAD – Euro Just Made A Top Versus Canadian Dollar?

Key Points

  • The Euro recently traded close to 1.4780 against the Canadian dollar where sellers appeared.
  • There Read More →

GBPCHF – British Pound Approaching Crucial Resistance Versus CHF

Key Points

  • The British gained bids near 1.2505 against the Swiss Franc and traded higher.
  • Earlier, the Read More →

Week Ahead: USD Strength Into Payrolls & EUR Safe Haven Appeal – Credit Agricole

The OPEC deal to cut production for the first time in eight years provided a boost to oil prices and risk sentiment. Also supportive were the waning prospects for a Trump win at the November presidential election after the first Read More →

CAD Ticks Up, Tracking Rising Oil Prices And Upbeat Economic Data

CAD Ticks Up, Tracking Rising Oil Prices And Upbeat Economic Data

Canadian Dollar looked set to finish the week higher against the greenback as oil pared early losses and GDP data released by Statistics Canada beat estimates.

With no Read More →