
USD/CAD to rise further to 1.30 by 3Q17 and retreat to 1.25 next year, says Scotiabank
Aug 11, 2017 06:48 am UTC| Commentary Economy
The Canadian dollar (CAD) has been on a tear since the U.S. dollar topped around 1.38 in May. The run of CAD-positive news has moved the currency forcefullyand comprehensivelyhigher. Oil costs have solidified, Canadian...
Oil in Global Economy Series: OPEC July deal compliance review
Aug 11, 2017 06:34 am UTC| Commentary
In November last year, when OPEC members agreed to cut production for the first time since the Great Recession, it was welcomed with great optimism and oil price jumped more than 20 percent, from $45 per barrel to as high...
FxWirePro Call review: Yuan reaches interim target; final target extended from 6.57 to 6.5
Aug 11, 2017 06:03 am UTC| Commentary
In an article published on May 25th, named, FxWirePro: Yuan outlook changed from downside to upside for H2 available at http://www.econotimes.com/FxWirePro-Yuan-outlook-changed-from-downside-to-upside-for-H2-723970 we...
Aug 11, 2017 05:56 am UTC| Commentary Economy
The New Zealand 10-year bond yields closed Fridays session at over 6-week low, tracking asimilar trend in the overnight performance of the U.S. Treasuries after economic data, highlighting the initial jobless claims as...
Global Geo-political Series: President Trump not bothered by Russian expulsion of diplomats
Aug 11, 2017 05:36 am UTC| Commentary
American mainstream media became furious with President Trump as he doesnt seem bothered by the fact that Russian President Putin expelled around 755 diplomats from Russia and seized two US diplomatic compounds. Speaking...
Australian bonds bounce back on safe-haven demand after Trump steps up warnings to N. Korea
Aug 11, 2017 04:17 am UTC| Commentary Economy
The Australian bonds made a solid comeback on the last trading day of the week, tracking highs in the U.S. counterpart, after tensions re-ignited between the US and North Korea, that revamped demand for safe-haven assets....
FxWirePro: The Day Ahead- 11th August 2017
Aug 11, 2017 04:16 am UTC| Commentary
Not many economic data and events scheduled for today but some with high volatility risks associated. Upcoming: Germany: HICP inflation report for July will be released at 6:00 GMT. France: HICP inflation...