Commentary
Add as a preferred source on GoogleQuotes from BofA Merrill Lynch:- USD/CAD has stabilized recently alongside oil prices while CAD has retraced its recent significant overvaluation- Low oil prices will likely make the BoC more aggressive contrasting with …
Quotes from BofA Merrill Lynch:
- USD/CAD has stabilized recently alongside oil prices while CAD has retraced its recent significant overvaluation
- Low oil prices will likely make the BoC more aggressive contrasting with an increasingly confident Fed who could hike in June
- USD/CAD should consolidate near-term, consistent with our 3Q forecast of 1.23, but should move higher the balance of the year
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
