Tag "eur/cad"

Fundamental and Technical Outlook: EUR/CAD

Fundamental and Technical Outlook: EUR/CAD

🕔December 12, 2016 Fundamental Outlook: EUR/CAD The main news from over the weekend was the announcement that Non-OPEC producers have agreed to cut output by 558,000 barrels per day starting from January. Consequently, WTI surged higher, opening above $53 per barrel, supporting CAD and Contnue Reading
Fundamental and Technical Outlook: EUR/CAD

Fundamental and Technical Outlook: EUR/CAD

🕔December 9, 2016 Fundamental Outlook: EUR/CAD There was no tier 1 data or news of note during the Asia-Pacific session. EUR continued to remain pressured against most of its counterparts with EURUSD briefly breaking the 106.00 handle alongside USD strength as the USD-index Contnue Reading
Fundamental and Technical Outlook: EUR/CAD

Fundamental and Technical Outlook: EUR/CAD

🕔October 25, 2016 Fundamental Outlook: EUR/CAD During the Asia-Pacific session, the focus has been on CAD following comments from Governor Poloz who stated that the “best plan is to wait 18-months” which saw USDCAD decline to below 1.33 before paring most of its Contnue Reading