Monthly Archives: May 2026
Canadian overseas securities buying slumps to $3.9bn in March, lifting loonie outlook
Written on May 15, 2026 at 4:29 pm, by josephine
Canadian portfolio purchases of foreign securities plunged to $3.9bn in March from $25.36bn previously.
Empire State manufacturing index beats forecasts, complicating Fed rate-cut outlook and lifting dollar bids
Written on May 15, 2026 at 4:27 pm, by josephine
New York’s Empire State Manufacturing Index surged to 19.6 in May, easily beating forecasts of 7.5.
TD Securities sees Fed holding rates through 2026, June projections turn hawkish amid oil-led inflation
Written on May 15, 2026 at 4:23 pm, by josephine
TD Securities now sees no Fed cuts in 2026; June turns hawkish, easing bias removed, dollar soft.
Dollar Index steadies near 105 as higher yields and options markets price policy uncertainty
Written on May 15, 2026 at 3:31 pm, by josephine
Dollar Index climbed as Treasury yields hit new highs; retail sales steady; GDPNow upgraded; Brent oil rose.
USD/CAD hits monthly highs as Fed hike bets lift dollar, BoC cut prospects weigh on loonie
Written on May 15, 2026 at 3:28 pm, by josephine
USD/CAD hit monthly highs above 1.3750 as risk-off sentiment, rising yields, and Fed hike odds lifted dollar.
Copper hits LME record as US tariff deadline nears, stockpiling tightens global supply
Written on May 15, 2026 at 3:26 pm, by josephine
Copper hits record above $14,000/tonne as energy transition demand, looming US tariffs and tight supply support prices.
Europe’s ‘global euro moment’ still unearned as fractured markets and savings drag on currency
Written on May 15, 2026 at 3:23 pm, by josephine
Europe nears “global euro moment,” but fragmented capital markets and unused savings still constrain the euro’s role.
Kiwi Holds Firmer as Oil Slides and Fed Pauses, Reversing Last Year’s Risk-Off Rout
Written on May 15, 2026 at 2:25 pm, by josephine
NZD/USD hit two-week lows near 0.5840, pressured by risk-off sentiment, rising yields, weak PMI data.
Trump China, Iran and Taiwan remarks stir markets as dollar pares gains on volatility
Written on May 15, 2026 at 2:23 pm, by josephine
Trump discussed fentanyl with Xi, touted big China purchases, weighed Iran oil sanctions, and Taiwan arms decisions.
SocGen Sees Dollar Index Catch-Up Potential as US Two-Year Yields Surge on Iran Conflict
Written on May 15, 2026 at 2:01 pm, by josephine
Societe Generale sees rising US 2-year yields outpacing peers, suggesting DXY can climb beyond consensus.
