Tag: weekly

USD/CAD is testing the weekly low in volatile trading

The Bank of Canada decision next Wednesday kicks off a blockbuster 10-day stretch of central bank decisions that will set the table for the remainder of the year.Ahead of that, the Canadian dollar...

Weekly oil inventory data will be released at the bottom of the hour

The weekly EIA inventory data will be released at the bottom of the hour (for the week of October 14, 2022). Expectations are for:crude oil a build of 1.380Mgasoline a drawdown of -1.114Mdistillates...

FX Majors Weekly Outlook (17-21 October)

<p class="MsoNormal">UPCOMING EVENTS:</p><p class="MsoNormal">Wednesday: UK CPI.</p><p class="MsoNormal">Friday: Japanese CPI.</p><p class="MsoNormal">The last week we got again a CPI report beating forecasts and inflation expectations in the UMich Survey rising. This of course is far from what the Fed wants...

Nasdaq extends decline to 2.8% as weekly gain largely evaporates

The Nasdaq is down 2.8% in a broad (and broadening) equity rout after non-farm payrolls. It highlights just how sensitive the market is to economic data. The jobs report wasn't much more than...

FX Majors Weekly Outlook: 3-7 October

UPCOMING EVENTS:Monday: US ISM Manufacturing PMI.Tuesday: RBA Policy Announcement.Wednesday: RBNZ Policy Announcement, US ISM Services PMI.Friday: US NFP Report.Last week was a messy one in terms of market movements. We saw some losses in equities,...

NFTs In A Nutshell: A Weekly Review

Bear market for NFTs aside,...

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