American Market Recap: Canadian dollar headed lower as a deeper rate cut cycle looms

Canadian dollar headed lower as a deeper rate cut cycle looms The Canadian dollar is the weakest performer today and if you read between the lines in Tiff Macklem's comments, the Bank of Canada is trying to put the possibility of a 50 basis point cut in October...  Yen, oil and bonds all flag trouble In the long-running battle between stocks and bonds, the latter is usually right when it comes to the economy. Given that oil and the yen are also flagging trouble, the signs are hard to ignore. In ea...  USDJPY follows yields lower The US yields are trading at new session lows. The two-year is trading at 3.598%. That's the lowest level going back to March 2023. The 10 year yield is an 3.642%. That's its lowest level going back t...  When the copper-tunity comes knocking Copper Dr. Copper hasn't been in a good mood since May, when a speculative squeeze drove it to $5 followed by a sharp turn lower. It's currently flirting with $4 as the market frets about a global gro...  US CPI preview: Inflation expected to fall to the lowest since 2021 As inflation in the US ramped and then rolled over, it was typical to get massive market moves on CPI data but as prices have cooled, so has the market reaction. Unfortunately, the magic is gone -- an...  Latest Forex Orders FX option expiries for 10 September 10am New York cut There are just a couple to take note of on the day, as highlighted in bold . The first one is for EUR/USD at the 1.1000 level. If anything else, it will just act as a slight magnet or at most a floor...  Cryptocurrency Technical Analysis Education Economic Calendar Forex Brokers Are you subscribed to our events? Join now and get informed Subscribe Connect with us on your favorite social network This email was sent to trungtamthuchanhmt.hanghai18021960@blogger.com why did I get this?    unsubscribe from this list    update subscription preferences ForexLive · 11 Apostolou Andrea, Hyper Tower 3rd floor, Mesa Geitonia · Limassol 4007 · Cyprus