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USD/CAD Near 1.0280 Again on Bets Fed to Trim Easing

Canada’s dollar fell to a more than two-month low against its U.S. counterpart amid speculation growth in the world’s largest economy would spur the Federal Reserve to reduce stimulus, known as quantitative easing. The currency declined against the majority of its 16 most-traded peers as crude oil, Canada’s biggest export, snapped a four-day rally. It pared losses versus the greenback after one Fed regional bank president said the central bank should continue its bond-buying program while another said he was undecided [...] read more

USD/CAD :

US USD/CAD : Based on daily OANDA Rates®, the touchstone foreign exchange rates used by corporations, tax authorities, auditing firms, and financial institutions. These filtered rates are based on information supplied by leading market data contributors.

Central Bank Watch »

G7 Meeting To Focus on Banking, Cyprus and Carney

Posted by Alfonso Esparza 9:06 am EDT, 05/10/2013

Finance ministers from the G7 group of industrialised nations are set to begin a two-day meeting on Friday. Banking reforms will be top of the agenda at the meeting, which is being held close to London. March’s emergency rescue of Cyprus will still be fresh in ministers’ minds. The meeting is a rarity, because in recent years the G7 have tended to get together on the sidelines of the G20 and the International Monetary Fund (IMF) meetings. The G7 is comprised of the United [...] read more

Economic Exposure »

Payrolls in U.S. Rose Less Than Forecast

Posted by Dean Popplewell 8:49 am EDT, 04/05/2013

Employers hired fewer workers than forecast in March and a slump in the size of the labor force pushed the jobless rate down to a four-year low, indicating the U.S. job market is struggling to make bigger strides. Payrolls grew by 88,000 workers last month, the smallest in nine months, after a revised 268,000 gain in February that was higher than first estimated, Labor Department figures showed today in Washington. The median forecast of 87 economists surveyed by Bloomberg projected an [...] read more

Latest Articles

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May
22
Today’s Global
Market Events
Tentative

JPY
BOJ Press Conference
4:00am

EUR
Current Account
(F)14.2B (P)16.3B
4:30am

GBP
MPC Meeting Minutes
(F)0-0-9 (P)0-0-9
GBP
Retail Sales m/m
(F)0% (P)-0.7%
GBP
Public Sector Net Borrowing
(F)7.6B (P)16.7B
EUR
German 10-y Bond Auction
(F)N/A (P)1.28/1.6
All Day

EUR
EU Economic Summit
6:00am

CHF
SNB Chairman Jordan Speaks
GBP
CBI Industrial Order Expectations
(F)-18 (P)-25
7:00am

GBP
MPC Member Bean Speaks
8:30am

CAD
Core Retail Sales m/m
(F)0.2% (P)0.7%
CAD
Retail Sales m/m
(F)0.2% (P)0.8%
10:00am

USD
Existing Home Sales
(F)4.99M (P)4.92M
USD
Fed Chairman Bernanke Testifies
USD
Treasury Sec Lew Speaks
10:30am

USD
Crude Oil Inventories
(F)-0.4M (P)-0.6M
2:00pm

USD
FOMC Meeting Minutes
9:00pm

AUD
MI Inflation Expectations
(F)N/A (P)2.2%
9:45pm

CNY
HSBC Flash Manufacturing PMI
(F)50.5 (P)50.4