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Should the BoC Hike Wednesday?
The Bank of Canada is widely expected to hike rates by 25 basis points when it meets on Wednesday. If the central bank does so, it will be the first rate hike in seven years. But is a rate hike the right move right now and has the market gotten ahead o…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 114.038 | EURUSD 1.13992 | AUDUSD 0.76069 | NZDUSD 0.72773 | USDCAD 1.28902 | USDCHF 0.96569 | GBPUSD 1.2881 | LMAX Highs and Lows 5am GMT Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â High | Low EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.13978 | 1.1386 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 114.428 | 114.058 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.28825 | 1.28724 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.96734 | 0.96579 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.76210 […]
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Central Bank Speak to Dominate Data Light Day
We’re into Tuesday and it feels like the week hasn’t even started yet after Monday’s lackluster performance. The combination of summer doldrums and a light economic calendar accounted for the snooze-fest and we could be in for the same today, with the …