Monthly Archives: August 2026
Crude Oil Recovery Targets $95–$100 as Stronger Canadian Dollar Keeps USDCAD on the Back Foot

Written on August 21, 2026 at 10:26 pm, by josephine
Crude oil’s post-ABC rebound targets $95–$100, boosting CAD and keeping USDCAD bearish below 1.4000 resistance.
TD Securities sees Bank of Canada holding rates until 2027 as markets await November trade data

Written on August 21, 2026 at 9:26 pm, by josephine
TD sees Bank of Canada pausing until 2027, awaiting November trade data; derivatives favor short-vol, spread, CAD bearish.
EUR/USD hits three-month high as Treasury buybacks weigh on dollar ahead of PMIs and Jackson Hole

Written on August 21, 2026 at 8:28 pm, by josephine
EUR/USD hits three-month high above 1.1700 as Treasury buybacks weaken dollar; focus shifts to PMIs, Jackson.
Eurozone PMI holds steady as manufacturing strengthens while France, Germany services slip below 50

Written on August 21, 2026 at 8:26 pm, by josephine
Euro area PMI steady at 52.1; manufacturing surges, services weaken; traders target sector divergence and range strategies.
EUR/GBP dips as Eurozone and UK flash PMIs offset, geopolitical easing caps volatility

Written on August 21, 2026 at 7:27 pm, by josephine
EUR/GBP dips as Eurozone and UK PMIs offset; tensions ease; pair stays range-bound below 0.8570.
TD Securities Sees Warsh Jackson Hole Speech Driving Dollar Volatility Over Directional Moves

Written on August 21, 2026 at 7:26 pm, by josephine
TD sees Warsh stressing structural themes, leaving USD direction muted, but volatility rising on inflation-credibility tests.
Gold hits three-month high above $4,600 as Treasury buybacks curb yields and weaken dollar

Written on August 21, 2026 at 6:28 pm, by josephine
Gold hit three-month highs above $4,600 as dollar weakened, yields fell, and key US data looms.
RBC sees Q2 Canada GDP rebound above 3%, warns trade boost fade may cap loonie

Written on August 21, 2026 at 6:26 pm, by josephine
RBC sees June and Q2 GDP rebounding above 3%, but warns it’s temporary, fading CAD.
Gold hits $4,604 as softer dollar and central-bank demand underpin third weekly gain

Written on August 21, 2026 at 5:28 pm, by josephine
Gold hits $4,604 high as dollar weakens; breakout holds above $4,500, targeting $4,605–$4,720 resistance.
GBP/USD gains on softer Dollar as UK retail slump offsets firmer PMI and BoE hike bets

Written on August 21, 2026 at 5:26 pm, by josephine
GBP/USD climbed on broad Dollar weakness as UK retail slumped, but firmer PMI supported Sterling.