CHF: Getting Bid Up Due to Safe Haven Status

In focus today The week starts out without any major data releases today. ECB president Lagarde and Fed’s Bostic and Cook will speak today. Later this week we look out for local inflation prints from Spain, France, and Italy that will give clues of where we can expect the euro area HICP print on Wednesday […]

Tomorrow marks a poignant day for those observing the European economy as the European Central Bank is scheduled to hold its first monetary policy meeting of this year. The European Union’s central bank has continued to maintain a conservative approach in recent months, rather similar to that of the Bank of England and the Federal […]

The Canadian dollar is unchanged on Friday. USD/CAD is trading at 1.3726 in the European session at the time of writing at the time. Canada releases retail sales later, which may trigger some volatility in the North American session. The US will release durable goods and consumer confidence data. Canada’s retail sales expected to remain […]