Blogs

<p>Bank of Montreal has launched 4X leveraged exchange-traded notes linked to the S&amp;P 500 Total Return Index. </p><ul><li>designed to offer a return linked to a four-times leveraged participation in the Index’s daily performance</li><li>the highest leveraged exchange traded product in the U.S.</li>&

<p>As the North American session begins, the NZD is the strongest of the major currencies while the EUR is the weakest. The US dollar is mixed/lower with gains versus the EUR, JPY and declines vs the CAD, AUD and NZD. The greenback is little changed vs the GBP and CHF.</p><p>The US weekly mortgage application data […]

<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/dollar-keeps-more-mixed-amid-tentative-mood-so-far-in-european-trading-20231206/">Dollar keeps more mixed amid tentative mood so far in European trading</a></li><li><a href="https://www.forexlive.com/centralbank/boes-ba

<ul><li>Prior +0.3%</li><li>Market index 181.1 vs 176.1 prior</li><li>Purchase index 144.5 vs 144.9 prior</li><li>Refinance index 373.3 vs327.8 prior</li><li>30-year mortgage rate 7.17% vs 7.37% prior</li></ul><p>Mortgage applications pick up as rates fall, with the incre

<ul><li>Rates likely to need to remain around current levels</li><li>We remain vigilant to financial stability risks that might arise</li></ul><p>He is commenting alongside the release of the financial stability report earlier <a href="https://www.forexlive.com/centralbank/boe-says-that-full-impact-

<p>

<ul><li>Risk environment remains challenging</li><li>Some risky asset valuations continue to appear stretched</li><li>Banking system is well capitalised, some evidence to net interest margins have peaked</li><li>Vulnerabilities in market-based finance remain significant</li><li><a href=

<p>The major currencies bloc is showing little change for the most part, with just some minor extensions to the narrow ranges from earlier. EUR/USD continues to sit flattish near 1.0800, with large option expiries also in play while USD/JPY is up by just 0.1% to 147.30 levels.</p><p>The commodity currencies are holding a slender l

<ul><li>Prior -0.3%; revised to -0.1%</li></ul><p>The tick higher in euro area retail sales was less than anticipated in October but it comes after a positive revision to the September reading. Looking at the breakdown, the volume of retail trade increased by 0.8% for non-food products, while it decreased by 0.8% for a

<ul><li>Prior 45.6</li></ul><p>This marks another contraction in UK construction activity with another sharp fall in house building weighing on the overall sector. Meanwhile, employment conditions also declined for the first time in ten months and that alludes to some softening in labour market conditions. But at least