FXC News and Press, Invesco CurrencyShares Canadian Dollar Trust From 02/21/24

2024-02-21 08:25:00 ET Summary The dollar is trading quietly after being sold yesterday. The offshore Chinese yuan is firmer for the sixth consecutive session. The CSI 300 rallied four consecutive sessions before the Lunar New Year holiday and is up in each of the three sessio...

2024-02-20 14:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-02-20 07:55:00 ET Summary The US dollar is offered today and is trading softer against all the G10 currencies. The yen, sterling, Canadian dollar, and Swiss franc are still inside last week's ranges. Most EM currencies are trading with a firmer bias today as well, led by ...

2024-02-17 08:05:00 ET Summary The US January CPI and PPI came in stronger than expected and this extended the recovery in US interest rates. The yen has fallen for seven consecutive weeks and the threat of intervention by MOF officials had little sustained impact. China retur...

2024-02-15 07:57:00 ET Summary Japan's economy surprisingly contracted in Q4 '23, and the UK's economy contracted more than expected in Q4 '23, its second consecutive quarter without growth. The yen strengthened, and the dollar briefly traded below JPY150. The Australian dollar di...

2024-02-14 07:30:00 ET Summary The dollar was driven higher, and it is stabilizing today, though the euro and sterling extended their losses, most of the other G10 currencies did not. After the yen's six-week slide did not elicit a response from Japanese officials, yesterday's dro...

2024-02-13 07:40:00 ET Summary The US dollar is enjoying a mostly firmer bias ahead of today's CPI report. Sterling is the strongest among the G10 currencies after a more-resilient-than-expected labor market report. EM currencies are mostly faring better, with the Mexican peso...

2024-02-12 07:50:00 ET Summary The dollar is in narrow ranges against the G10 currencies. The Swedish krona, Norwegian krone, and Japanese yen are posting minor gains against the greenback. The New Zealand dollar, which was strongest major currency last week (1.4%), is off by almo...

2024-02-10 08:35:00 ET Summary The markets are still correcting from the overshoot on rates and the dollar that took place in late 2023. A soft US CPI and weak retail sales report next Tuesday and Wednesday could help cap US rates and signal the end of the dollar's New Year rally....

2024-02-09 07:50:00 ET Summary The foreign exchange market is becalmed today, with most of the major pairs trading in narrow ranges. It is not just that the dollar is strong, but the Japanese yen is also weak. With the mainland markets closed now until February 19, the lurch l...