US futures fell early in pre-US market open trading as investors' hopes that earnings season would provide some upward impetus waned.
Tag - cad - canadian dollar
US stocks are seen opening mixed Tuesday, with the tech sector outperforming ahead of important news from Apple and Amazon, while investors also wait for earnings from the key banking sector.
The risk-on sentiment across the markets is improving, as the White House hints about a large-scale stimulus.
The US dollar keeps falling for the third day in a row, whereas riskier assets are rising. Let’s discuss the main market events and analyze the charts.
US stock markets are indicated to open higher, still supported by hopes of support for the US economy after the administration’s abrupt pivot on Wednesday.
The US dollar waned on hopes for the fiscal stimulus, allowing riskier currencies to move higher, and the Canadian dollar as well.
U.S. stock markets are set to open with a bounce after the sharp reversal that followed Trump’s announcement late in the session on Monday.
Canada will release the employment change and the unemployment rate on October 9, at 15:30 MT time.
ECB Says ECB Work on a Digital EURO
US final GDP for 2Q -31.4%% vs -31.7% estimate
ADP, US GDP, Chicago PMI and Canadian GDP – all numbers exceeded expectations. Which currency will outperform? Let’s try to find out.
EUR/CAD may get down to the bottom of the September sideways channel if bears keep pressing.