BOC Optimism and Firmer WTI Boosts CAD

BOC held rates as expected, although their statement was optimistic enough to send the Canadian dollar sharply higher.

Wilkins Lays The Groundwork For BOC To Ease

BOC’s Senior Deputy Governor Carolyn Wilkins delivered which appears to be laying the groundwork for a potential cut. Whilst she tips her hat to an economy which is “relatively well overall”, she pointed to regional differences and reiterated concerns… Read More

The Fed Are Expected To Cut Today – How Has That Fared For Markets Historically?

With the Fed widely expected to cut rates later today, we take a look at market returns for FX majors, commodities and the S&P500 following such an event. Using Fed Funds data from 1971, we filtered the Fed… Read More

USD/CAD To Challenge ‘Long’ Held Views?

A slight thaw in trade tensions and a minor rebound has seen the CAD strengthen, yet with several crosses pointing to CAD strength, perhaps this could have some follow-through. If a single currency is about to embark on… Read More