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Early signs of (dis)inflation continue to appear

Whilst inflation has been hard to ignore, we are now seeing signs that the cooling of inflationary forces are finally showing up in some consumer prices.

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European Open: Singapore’s CB tightens policy, ECB unlikely to follow suit

The Singapore dollar made the baulk of currency moves overnight as the MAS tightened policy. We don’t expect the same level of excitement from the ECB.

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European Open: RBNZ down, BOC (and UK inflation) up next

We’ve had one 50 bps hike already today from the RBNZ, and now we get to find out of the BOC will follow suit. But first up is UK inflation data.

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April 13, 2022 06:46 AM

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European Open: RBNZ down, BOC (and UK inflation) up next

We’ve had one 50 bps hike already today from the RBNZ, and now we get to find out of the BOC will follow suit. But first up is UK inflation data.

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April 13, 2022 06:46 AM

European Open: Triangle breakout in play on EUR/CAD

Prices broke out of a symmetrical triangle on Friday, a pattern which projects a target around 1.3550 if successful.

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March 21, 2022 05:14 AM
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European Open: Futures pull back ahead of Biden - Xi Jinping call

The White House has confirmed the two leaders will speak at 13:00 GMT, and futures markets have pulled slightly ahead of the open.

European Open: Oil hits an 8-year high ahead of OPEC meeting

The significance of OPEC’s meeting has diminished somewhat with Russia stealing headlines, and four key members intending to stick to raising output by 400k bpd.

Bank of Canada preview: Is the BOC ready to hike rates?

At its last meeting in December, the BOC said it doesn't see a rate hike until mid-2022. However, some seem to think it will hike at this meeting!

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January 24, 2022 09:56 PM

Bank of Canada ends Quantitative Easing Program

The Bank of Canada surprised markets today by reducing its bond purchase program from $C2 billion per week to C$0

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October 27, 2021 04:56 PM

EUR/CAD surges as oil drops; Trump, BOC in focus

The sharp drop in the price of oil has weighed heavily on the oil-linked Canadian dollar today. The USD/CAD has surged above 1.3200 handle and […]

ECB’s QE working its magic…finally

The European Central Bank’s large bond buying programme appears to be finally working its magic. Inflation is on the rise, unemployment is falling and the […]

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January 31, 2017 03:04 PM

EUR/CAD: one to watch

Despite oil’s massive rally on the back of the OPEC news, the Canadian dollar, which tends to correlate strongly with oil prices, has hardly moved […]

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November 30, 2016 07:00 PM

Canadian dollar in focus as traders eye CPI, retail sales and oil prices

The Canadian dollar has been among the weakest of currencies in G10 in recent days. The sell-off has been sparked by the Bank of Canada’s […]

EUR/CAD: one to watch

Today’s biggest surprise was perhaps the rallying stock markets with the UK’s FTSE 100 climbing by a good 3.5%, led by stocks that had suffered […]

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June 29, 2016 07:00 PM

Forget EUR/USD, focus on EUR/CAD

Not a lot was expected to come out of today’s ECB meeting and press conference, and so it proved. The euro huffed and puffed during […]

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April 21, 2016 06:20 PM

EUR/CAD: triple top reversal or breakout? Crude should provide the answer

Crude’s plunge to $30 has been the main reason why the Canadian dollar has been dropping to a fresh decade lows against the US dollar, […]

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January 12, 2016 05:50 PM

EUR/CAD plunges as crude oil gushes higher

No doubt, the focus of the FX market is centred on the outcome of the FOMC’s two-day meeting, due in less than one hour, which […]

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October 28, 2015 05:31 PM

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EUR/CAD: Technical signs point to potential bullish break

As we noted earlier this morning, traders are hyper-focused on tomorrow’s ECB meeting as the most market-moving fundamental event this week, though there’s certainly a […]

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October 21, 2015 07:47 PM

EUR/CAD in focus ahead of Canadian retail sales, crude stocks data

The EUR/CAD could be a big mover this week, which could provide some decent trading opportunities. Already we have seen the latest Eurozone Purchasing Managers’ […]

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September 23, 2015 01:34 PM