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CAD: Poloz Speech Confirms Our View Next BoC Hike Will Have A 2018 Stamp – CIBC

CIBC Research comments on today's speech by BoC Governor Poloz.

"In a speech to a St John's audience, the BoC head highlighted that he's aiming to proceed "cautiously" with more hikes, despite what's been more aggressive pricing from the Read More →

EURUSD – Euro Turned Bearish Vs US Dollar Below 1.1880

Key Points

  • The Euro traded lower sharply recently and broke the 1.1835 support against the US Dollar.
  • There is a key bearish trend line forming with resistance at 1.1815 on the hourly chart of EURUSD.
  • Recently in the US, the Read More →

Dollar rallies as Yellen signals more rate hikes

The U.S. dollar was bullish on Wednesday, lifted by Janet Yellen’s comments on the need to continue with rate hikes. The Federal Reserve Chair said it would be “imprudent” to keep monetary policy on hold despite an uncertain inflation trajectory. Read More →

EUR/CHF: Increasing Likelihood Of Reaching 1.20 On Equity Outflows – Nomura

Nomura FX Strategy Research continues to expect EUR/CHF to perform and see an increasing likelihood of 1.20 over the next year.

"Our ETF trackers suggest fewer euro area equities have been purchased since July. The North Korea risk premium Read More →

JPY finds support on N.Korea tensions; Euro’s pullback eases but remains under pressure

USDJPY is close to re-testing yesterday’s lows of 111.47 and is currently trading at 111.54. The Yen enters its 3rd consecutive day of gains so far and is marking gains across the major counterparts this morning. The Yen is perceived Read More →