USD/CAD is our Trend for the Day
The Swiss October trade surplus widened to CHF 1.84 bln from 1.45 bln (revised from 1.44 bln) but only on the back of weaker imports. Exports fell by 2.8%...
The trade surplus for Switzerland unexpectedly widened to 1.84B from a revised reading of 1.46B in September due to a 5.5% decline in imports despite the...
German October PPI 0.0% m/m, 7.8% y/y, down from 8.3% y/y in September. This was much higher than expectations for a decline in the annual rate to 7.1%...
The German producer price index slipped to 7.8% from 8.3%, which crossed the wires slightly stronger than the 7.3% estimate projected by economists. The...
BoE's Gieve says central banks and governments must be ready to take further actions. In a speech late yesterday, Gieve noted that advanced economies are...
Australia Intervenes in Forex Market, Spends Record 3 Billion to Boost Currency (Euro Open)
The Reserve Bank of Australia spent a record-breaking 3.15 billion to intervene in the forex market and support the value of its currency. Japanese exports...
Asian Currencies Tumble Lower, Triggering Government Intervention Throughout the Pacific Region
Regional currency intervention has been seen through the day with reports that S. Korea is the latest to intervene with the currency trading to 11 year...
Falling oil prices paired with increased demands for the U.S. dollar continues to favor a bullish outlook for the USDCAD, and we may see the pair work...
Current Yesterday USD 0.43750 0.40000 GBP 3.00000 3.00000 EUR 2.93375 2.97625 JPY 0.53250 0.52750 CHF 0.98333 0.99167 AUD 5.62500 5.75000 CAD 2.55833 2.56667 NZD 6.70000 6.78750
