UBS sets USD/CAD target at 1.34 for June 2026 post-election

UBS sets USD/CAD target at 1.34 for June 2026 post-election
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UBS sets USD/CAD target at 1.34 for June 2026 post-election
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North-American currencies are leading majors this morning with the employment data beating expectations in the US and Canada. US Non-Farm Payrolls Came at 139K vs 130K expected – but it seems like the market is extrapolating the info even more as ADP missed in the beginning of the week: The greenback is rallying strongly and…
Cboe Global Markets has appointed Junichi Nakagawa and Samuel Zou as Sales Directors for its Data Vantage business in the Asia Pacific region. The firm said the move reflects growing demand for market data and analytics across the region. Mr. Nakagawa, based in Japan, will focus on market data sales, while Mr. Zou, based in…
The main event in sterling (GBP/USD) markets today is a speech by Bank of England’s Catherine Mann, the most hawkish member of the MPC. Markets will be attentive to any comments about the implications of the recent budget for monetary policy and any colour on the latest jobs/wage figures. Given her arch-hawkish stance, we suspect…
Summary We know from our many client discussions that there appears to be at least some degree of comfort with a Warsh led Fed vs. the other choices. But, we all should be mindful that there is also some degree of uncertainty associated with this pick if for no other reason than his public remarks…
Mastering Retracements in Trading: A Practical Guide Mastering Retracements in Leverage Trading Retracements are one of the most powerful tools in technical analysis, and understanding how they work can significantly improve your trading results. In this article, we’ll break down why retracements work and how to trade them effectively using a common-sense approach. Why Do…
The US Dollar enjoyed a very consistent performance since the onset of the US-Iran conflict but now forms a double-top With Traders starting to price a resolution for the conflict, the Dollar could lose some steam, particularly at the top of its range US Dollar Index (DXY) in-depth Technical Analysis Timing Markets is a difficult…