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The Canadian Dollar (CAD) is picking up a little support amid the broader decline in the USD into the end of the week but gains remain suitably measured, Scotiabank’s Chief FX Strategist Shaun Osborne notes. CAD gains modestly“Canada is clearly not off the tariff hook—and next week is likely to see

ECB President Lagarde reaffirmed the case for a rate cut next week. The ESTR curve is pricing in cuts next week and in March. Tensions appear to exist among the Council hawks, which could result in a more balanced than categorically dovish decision next week. Holzmann made the case to wait a bit lon

Oil prices have moved decisively lower since our last report, highlighting the market’s bearish tendencies. Today we are to take a look atthe new US administration’s energy policies in addition to the recent developments in the US oil market. For a rounder view, we are to conclude the report with a

NZD/USD remains stronger despite a cautious mood ahead of President-elect Donald Trump’s inauguration on Monday. Traders adopt caution amid uncertainty surrounding Trump’s policy pledges, including imposing tariffs and extending tax cuts. The PBoC maintained its one- and five-year Loan Prime Rates a

Higher long-end global real yields spook markets Long-end global real yields have moved higher which in turn resulted in market nervousness in the beginning of January. Inflation fears have resurfaced amid the outlook for pro-growth and inflationary policies in the US, commodity prices have tracked