Entries Categorized as 'Bank of Canada'

Reaction to Australian Rate Hike, Outlook for Canada Rate Decision

Date March 2, 2010

I was on the Business News Network this morning talking about my reaction to the Australian rate hike, the IMF’s report on Chinese Yuan undervaluation and my outlook for the Canadian rate decision
Click on image to access the video

Outlook for Forex Market on Business News Network

Date December 8, 2009

I was on the Business News Network yesterday morning talking about the outlook for the dollar and the currency market. Sorry it is delayed!

CAD/JPY: Major Technical Break

Date June 22, 2009

We have a major technical break in CAD/JPY this morning. The currency pair has broken below trend line support, the 50-day SMA and the 23.6% Fibonacci retracement of the year to date rally. Next stop could be 81.50. Lower oil prices are playing a big role in the move. Read all about it [...]

Expectations for Central Bank Rate Cuts

Date May 5, 2009

Here is an update on central bank rate cut expectations:
Eurozone - 25bp rate cut expected on Thursday
U.K. - No rate cuts for the rest of the year, but watch out for comments on Quantitative Easing
Australia - Rates left unchanged last night. 2.50% expected to be the floor

New Zealand - One more rate cut [...]

Video Interview: Why the Canadian Dollar Could Head Higher

Date April 8, 2009

I was just on the Business News Network outlining the reasons why I believe the Canadian dollar is headed higher in the near term. To watch the video, click on the image: