Fundamental Analysis
Loonie At Parity? Canadian Dollar Outlook
Loonie At Parity? Canadian Dollar Outlook
By Yohay
USD/CAD has fallen deeply in the past two weeks. This trend continued this week despite ongoing recession. Apart from GDP, there are 4 more crucial events any loonie trade should carefully look out for this week: Building Permits, Interest Rate decision, Ivey PMI and the Unemployment Rate. Let’s dive into [...]
EUR USD Fundamental
Considerably sluggish trade this morning, when all was said and done. The market shrugged off Fed Fisher’s assertion that euro faces bigger problems than greenback and EUR/USD spent most of the morning grinding slowly higher after an early dip.
The Euro dipped to lows around 1.3225 ahead of the US open on Tuesday. Risk appetite remained [...]
