Monthly Archives: April 2026
Ahead of the Bank of Canada rate call, USD/CAD trades slightly lower, maintaining a modest bearish bias
Written on April 29, 2026 at 5:51 pm, by josephine
USD/CAD edged lower before BoC and Fed decisions, oil supported CAD; guidance, tensions may boost volatility.
DBS Bank’s Philip Wee says the Fed will hold rates steady as Powell gives his final Chair briefing
Written on April 29, 2026 at 5:23 pm, by josephine
Fed holds rates; Powell’s final presser looms as Warsh-backed shift to trimmed-mean, AI-driven easing emerges.
MUFG’s Derek Halpenny says CAD remains resilient against USD, as BoC expected hawkishly hold rates unchanged
Written on April 29, 2026 at 5:21 pm, by josephine
Canadian dollar stable as Bank of Canada holds rates, turns hawkish amid conflict-driven inflation and energy risks.
TD Securities expects the Fed to hold rates at 3.50–3.75% in April, citing patience, balanced labour, oil inflation
Written on April 29, 2026 at 4:53 pm, by josephine
TD Securities expects Fed to hold rates, remain patient; Middle East oil shock lifts inflation, markets watch Powell.
March saw US durable goods orders climb 0.8%, beating 0.5% forecasts after February’s 1.2% fall
Written on April 29, 2026 at 4:51 pm, by josephine
March US durable goods orders rose 0.8% to $318.9B, beating forecasts; computers/electronics up 3.7%.
US building permits rose 11% in February, reversing the previous month’s 5.4% decline in issuance
Written on April 29, 2026 at 4:23 pm, by josephine
US building permits surged 11% in February, reversing January’s 5.4% decline and signaling renewed construction momentum.
US housing starts fell month-on-month to 1.356M in February, down from 1.487M previously
Written on April 29, 2026 at 4:21 pm, by josephine
US housing starts fell to 1.356 million in February, down from 1.487 million in January.
In March, US building permits reached 1.372 million, undershooting forecasts of 1.39 million
Written on April 29, 2026 at 3:54 pm, by josephine
March US building permits slipped to 1.372 million, missing the 1.39 million forecast by 18,000 permits.
In February, US monthly building permits increased to 1.538M, up from 1.376M previously
Written on April 29, 2026 at 3:51 pm, by josephine
US building permits rose in February, climbing from 1.376M to 1.538M, up 0.162M month-on-month.
In February, US housing starts rose 10.8%, exceeding the previous figure of 7.2% markedly
Written on April 29, 2026 at 3:24 pm, by josephine
US housing starts jumped 10.8% in February, accelerating from 7.2% previously, a 3.6-point increase.
