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Scotiabank

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Scotiabank

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bullishJPY
29 Mar 2024 09:43Broker

FX Daily - JPY Nudges Higher After Officials Meet

Markets appear to have an eye on month-end and the long weekend already and movement in the core majors is very limited on the session so far.

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bearishJPY
27 Mar 2024 19:05Broker

FX Snapshot - The JPY is Cheap—But Might Stay Cheap for a Little Longer

The JPY continues to languish. Despite lower US bond yields since Q4 last year, when 10Y yields were trading around 5%, USDJPY remains close to its...

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296 Views
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bearishUSD
27 Mar 2024 19:04Broker

FX Daily - USD Drifts Lower in Quiet Trade

Trading appears light, with markets not particularly incentivized to move the USD significantly higher, or that much lower, while monetary policy...

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254 Views
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bearishUSD
23 Mar 2024 05:43Broker

FX Daily - USD Mixed as CHF Slides on Surprise SNB Rate Cut

The policy statement was all but unchanged and the dots continued to reflect a median expectation that rates would drop 75bps this year.

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370 Views
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bearishCAD
21 Mar 2024 22:53Broker

FX Snapshot - ‘Tis the Season for a Softer USDCAD

The efficient market hypothesis precludes the persistence of seasonal trends in financial markets in theory, but studies have shown that calendar...

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