An appetite for FX safe havens overnight led to JPY and CHF outperformance. Despite being a risky currency, the AUDUSD wasn’t far behind, finishing 0.5% higher at .7265. As noted here last week, the AUDUSD has (for now) thrown off its tag as a risk currency and is being supported by dividend repatriation flows for […]
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Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market uncertainty. Upcoming PCE Read more…
Canadian Highlights Canadian inflation made headlines this week, with both overall and core inflation pushing higher in October. The Canadian consumer was also in the spotlight as retail sales surged and the Federal government announced Read more…