Blogs
Oil drops 1% as US production overtakes OPEC+ recent production cuts
Oil prices are looking bearish as markets are pricing in the barrels that the US is releasing to the market. Recent findings show that the US is nearing 6 million barrels per day for export, according to recent ship-tracking data. The surplus is
NZD/USD is looking vulnerable, close to 1.6120 support
The New Zealand Dollar’s rebound failed at 1.6175. The USD remains bid ahead of the ADP report.
Canada Interest Rate Decision Preview: BoC expected to remain hawkish as inflation stays above target
The Bank of Canada (BoC) is widely expected to leave its policy rate unchanged at 5% for the third consecutive time on Wednesday when it concludes the December policy meeting.
US Dollar extends gains as interest-rate cut bets spread to other major central banks
The US Dollar (USD) is entering a third straight day of gains measured by the US Dollar Index (DXY). Although US yields are retreating, the rate differential with other countries and their currencies is
Mexico Consumer Confidence rose from previous 45.7 to 46.9 in November
Mexico Consumer Confidence rose from previous 45.7 to 46.9 in November
USD/CAD stalls below 1.3600 with the BoC and US jobs on focus
US Dollar recovery stalls with the BoC and US ADP on focus.
Mexico Consumer Confidence s.a climbed from previous 46 to 47.3 in November
Mexico Consumer Confidence s.a climbed from previous 46 to 47.3 in November