- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/CAD: BoC policy decision is nigh – Scotiabank
USD/CAD: BoC policy decision is nigh – Scotiabank
The Canadian Dollar (CAD) is holding relatively steady against the strong USD ahead of the Bank of Canada policy decision and MPR at 9.45ET. Governor Macklem and Senior DG Rogers hold their press conference at 10.30ET, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
CAD holds little changed
“Markers are more or less fully priced for a 1/2 point cut in the target rate to 3.75% although pricing has shaded a little from near total conviction late last week to about 45bps of easing reflected in swaps as of late yesterday afternoon. The house call is 50bps, but without much enthusiasm or conviction. While markets are anticipating a more aggressive move, the Bank is not obligated to meet market expectations.”
“If it does so, the bolder move may be accompanied by more cautious language about the path forward. There certainly are grounds for caution regardless, with the CAD soft and the US election outcome a major risk in the very near future. An aggressive move and dovish language should see spot punch through 1.3850. A ‘hawkish’ cut may see the CAD steady and rebound somewhat but near-term gains may be limited to the mid/upper-1.37s.”
“USDCAD gains remain very stretched and spot is showing signs of steadying around the 1.3822/76.4% Fibonacci retracement of the August/September drop. But there is little sign of a turnaround in the USD at this point and—absent that—risks remain tilted towards USD strength persisting or extending through 1.3850 to retest the August peak at 1.3945/50. Support is 1.3750.”
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
