FX Daily

 

FX Daily
October 20, 2015 Posted by
The Canadian dollar strengthened modestly, stocks are trading higher, and bonds have sold off following Justin Trudeau’s (Liberal Party) election victory. Markets are speculating that Trudeau’s campaign pledge to introduce infrastructure based deficit spending to jump start the economy will be effective.
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FX Daily
October 19, 2015 Posted by
Canadians head to the polls today to decide a tight election contest.  Justin Trudeau (Liberal Party) is favored over decade long incumbent Steven Harper (Conservative). Trudeau’s platform contains plans for deficit financed infrastructure spending to offset the economic softness triggered by the collapse in oil prices.
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FX Daily
October 16, 2015 Posted by
The dollar is stronger this morning after better than expected CPI data yesterday and encouraging jobs data.  Equity markets are bouncing back.......
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FX Daily
October 14, 2015 Posted by
The USD is under broad pressure, trading lower against all of its G10 counterparts in the wake of another Fed Governor coming out yesterday against rate hikes this year. The USD got no help for the weaker than expected consumer spending.
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FX Daily
October 13, 2015 Posted by
The US dollar is opening the morning mixed against G10 after risk sentiment soured somewhat overnight following the release of Chinese trade data for the month of September, which posted a 20% YoY drop.
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FX Daily
October 09, 2015 Posted by
Risk appetite remains buoyant and the USD has drifted off.
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FX Daily
October 08, 2015 Posted by
The USD remains soft with equities and bonds seeing sideway action.
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FX Daily
October 07, 2015 Posted by
The greenback bounced around in a broader range as EM and commodity based currencies rally.
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FX Daily
October 06, 2015 Posted by
Risk rally continues and the USD is trading softer with lighter volumes.  
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FX Daily
October 05, 2015 Posted by
Risk returns as global stocks surged (DAX +2.6%, S&P +1.2%), treasury yields rose (+3bps 2.0255) and the USD rebounded off the lows.
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