Forex
Canadian Dollar recovers ground on Wednesday as markets await US PPE and Retail Sales
The Canadian Dollar (CAD) found some room on the upside at the midweek inflection point as investors await Thursday’s US Producer Price Index...
The metals are shining today as gold, silver and copper rally
The metals are shining today.Gold rose to a fresh high after the latest US 30-year auction, adding $2 to a $20 gain and...
United States 30-Year Bond Auction fell from previous 4.36% to 4.331%
United States 30-Year Bond Auction fell from previous 4.36% to 4.331%
US sells 30-year bonds at 4.331% vs 4.352% WI
This is a very strong bond auction, which is a sigh of relief after yesterday's poor 10-year reopening. Prior was 4.360%Bid to cover...
Mexican Peso hits new YTD high against US Dollar amid Banxico rate cut speculation
The Mexican Peso registered a new year-to-date (YTD) high against the US Dollar on Wednesday amid a scarce economic schedule in the United...
BofA: We expect the BOJ to exit NIRP/YCC at the March meeting
BofA projects the Bank of Japan (BoJ) to announce its departure from the Negative Interest Rate Policy (NIRP) and Yield Curve Control (YCC)...
AUD/USD rises on RBA’s relatively hawkish stance
AUD/USD is trading in the lower 0.6600s on Wednesday during the US session.
US Dollar trades with mild losses ahead of Retail Sales data, Treasury yields continue to rise
The US Dollar Index (DXY) exchanges hands at 102.80, recording mild losses.
European major indices close mostly higher. German DAX unchanged
Major indices are closing mostly higher. France CAC closed at a another record level after its 0.62% gain.A look at the final numbers...
U.S. Treasury to complete its coupon auctions this week with sale of 30 year bonds.
One good auction on Monday (three-year note auction). One bad auction on Tuesday (10 year note).Today the final coupon auction will take place...