There isn't much of a theme so far in the first 5.5 hours of the trading day. The US dollar is modestly higher across the board, particularly against GBP and NZD. But stronger...
Credit Suisse maintains a bullish bias on USD/CAD targeting a move towards 1.41 by year-end."Front -end USDCAD risk reversal skews have eased over the past 2 weeks, following a period of considerable larger...
CANADIAN DOLLAR OUTLOOK:Canadian dollar gains on stronger oil prices and a somewhat positive mood on Wall Street, but its outlook remains challengingBets that the Bank of Canada will raise interest rates more aggressively...
EUR/USD KEY POINTS:Eurozone final inflation came in slightly below market expectationsRisk aversion nudges US Treasury yields higher bolstering the USD amidst growing recession fearsEUR/USD outlook remains gloomy
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Euro ZEW Economic Sentiment Key Points:EU ZEW Economic Sentiment Index: Actual -59.7 vs -60.7 September.German ZEW Economic Sentiment Index: Actual -59.2 vs -61.9 September.ZEW Current Conditions Hint that the Downturn has Already Become...
