Agility Forex Daily
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USDCAD is still riding Tuesday’s US inflation wave and it passed the overnight peak of 1.4222, extending the rally to 1.4247 in early NY trading.
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Agility Forex Daily
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USDCAD broke through its overnight peak and is trading in the 1.4180 area in the wake of a robust US inflation report.
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Agility Forex Daily
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USDCAD jumped to 1.4102 from 1.4064 on the heels of the US and Canadian employment reports. Canada’s was weak while the US data was scorching hot.
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Agility Forex Daily
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USDCAD traded sideways and uneventfully as global markets continued to digest and assess the impact of the US mid-term elections.
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The Taming of the Shrew
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Agility Forex Daily
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USDCAD dropped in concert with the major currencies, alongside the US Republican party’s hopes of keeping control of the Senate and the House
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Agility Forex Daily
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USDCAD drifted aimlessly in an uneventful overnight session and that won’t change today. All eyes are on the clown show that American’s call mid-term elections
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Agility Forex Daily
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USDCAD survived last week’s drama and equity market meltdown on Friday and managed to close-out October with a 1.85% gain
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Agility Forex Daily
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USDCAD is caught in the throes of a downdraft that has slowly gained in intensity since the Bank of Canada and FOMC meetings Wednesday
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Agility Forex Daily
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USDCAD wasn’t too bothered after the BoC hiked rates by 25 bps to 2.50%, with prices bouncing in a 1.4028-1.4068 range before settling down to pre-hike levels ahead of the FOMC.
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Macklem’s Crystal Ball
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If you went trick-or-treating at Bank of Canada Governor Tiff Macklem’s house today, you got a rock. The BoC hiked its policy rate 25 basis points to 2.5%,
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Agility Forex Daily
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USDCAD is trading with a modest bid ahead of this morning’s Bank of Canada monetary policy announcement and the FOMC decision this afternoon.
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Agility Forex Daily
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USDCAD drifted higher due to broad-based US dollar strength ahead of tomorrow’s FOMC meeting, and improved risk sentiment from the anthropic (Claude) IPO news
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Agility Forex Daily
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Welcome to the dark side British Columbia.
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Agility Forex Daily
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The Loonie is making like a beaver and gnawing on support in the 1.3990 area
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Agility Forex Daily
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USDCAD has bounced from the bottom of its overnight range after grinding lower for the 6thconsecutive day
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It’s Third-and-Seven for the BoC Football Team
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If Tiff Macklem were coaching a football team facing third-and-seven, would he go for the first down or play it safe?
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Agility Forex Daily
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USDCAD is consolidating its losses since peaking at 1.4300 on October 14 and is trading at levels last seen a month ago.
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Agility Forex Daily
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Canada still has 10 provinces. USDCAD is weighed down by a mix of lower US Treasury yields, and expectations for the Bank of Canada to raise rates on October 28.
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Agility Forex Daily
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USDCAD reclaimed 1.4100 in the wake of a slightly cooler than expected September headline inflation number
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