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USD/CAD2015-07-01 16:27 UTC

USD-CAD logged a 10-week peak at 1.2570, which brings the early June 10-week high at 1.2566 into scope. Encouraging U.S. data underpinned the pairing today, while the CAD had already been underperforming this week following an unexpected 0.1% dip in April Canadian GDP, which followed sub-expectations IPPI data yesterday. Expectations for Thursday's U.S. June payrolls report to firm-up convictions for the Fed to hike in September should keep ... Read More 

XE-marknadsanalys

  • North American Edition2015-07-01 11:15 UTC

    The euro popped higher on news that Greek PM Tsipras is prepared to accept bailout conditions, but subsequently gave back most of those gains, leaving EUR-USD near net unchanged in the low 1.11s. The forex market seem more wary than stock markets, as the pan-Europe STOXX 600 equity index was showing a 1.6% gain in the early PM session. German Finance Minister Schaeuble still took tough line on Greece, saying the letter from Tsipras that accepted most of ... Read More 

  • European Edition2015-07-01 06:57 UTC

    EUR-USD has come under pressure in early Europe trade, dipping to 1.1122, though still shy of the 1.1112 low seen yesterday. Greece defaulted on its IMF repayment and markets will remain on tenterhooks as policymaker wranglings continue. French finance minister Sapin said that the goal is achieve a Greek accord before Sunday's referendum "if possible," but most won't believe it until they see it. There are also expectations for a decent U.S. payrolls ... Read More 

  • Asian Edition2015-07-01 16:27 UTC

    The dollar extended gains on firm U.S. data today, especially with the ADP payrolls data portends upside risk at tomorrow's employment report. EUR-USD fell to a new two-day low at 1.1058, and USD-CAD to a 10-week high at 1.2570. USD-JPY clocked a two-day high at 123.14. EUR-USD traded lower despite news that Greece's Tsipras will accept most of the creditor demands, with Germany's Merkel saying that thee will be no more negotiations until after Sunday's ... Read More 

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