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Recent Posts by davin

USD/CAD rises above 1.3700 as poor Canadian jobs figures and strong US dollar demand undermine CAD

USD/CAD hit 1.3728 as weak Canada jobs data hurt CAD and US-Iran tensions boosted dollar.

March recorded Michigan sentiment at 55.5, as households’ confidence fell amid gloomier views on conditions and outlook

US consumer confidence dipped in early March; inflation expectations mixed, while dollar held firm at highs.

Commerzbank’s commodity team says Iran war caused record outages, with IEA estimating losses above eight million barrels daily

Iran war triggered record oil outages; IEA cites 8 million bpd lost; nations release 400 million barrels.

Standard Chartered expects Bank of Japan to hold 0.75%, cautiously, as USD/JPY rises amid uneven growth, oil prices

Standard Chartered sees BOJ holding 0.75% March 19; July hike likely; USD/JPY biased higher, retesting 162.

Rabobank’s strategists cut short-term EUR/USD forecasts as Hormuz disruption lifts oil and gas prices worldwide

Rabobank cuts EUR/USD short-term forecasts as Hormuz disruptions lift energy prices, expecting euro underperformance versus dollar.

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