Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 30 - 11:55 AM

USD/CAD - Flat After Post-Data Whipsaw Amid Less-Dovish US PCE, Canada GDP

By Paul Spirgel  —  Aug 30 - 10:10 AM
  • $CAD hovered near flat at 1.3488 in early NY, NorAm range 1.3509-1.3466

  • Conflicting US-CA data sets adds to volatility in pre-holiday market

  • Canada Q2 GDP hot, U.S. core PCE prices hint at less-dovish BoC/Fed

  • LSEG's IRPR shows Sept -50bp odds and Fed cuts into YE 2024 moving lower

  • Next week's U.S. payroll now in focus amid Fed focus on employment mandate

  • $CAD res 1.3509 Friday post-PCE high, 1.3535 the falling 10-DMA

  • Supt 1.3466 Friday low, 1.3441 Aug 27 low, 1.3400 lwr 21-d Bolli/big-figure

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!