Francis Dogbe / Blog
The USD/CAD has collapsed after its parabolic rise ended in mid-January, when oil prices first showed signs of stabilisation. Since peaking at just shy of 1.4700, the Loonie has tumbled to below 1.30, hitting a low of 1.2925 last week...
Derek Holt, vice president of economics at Scotiabank, doesn't mince words with his thoughts about the Federal Reserve's now-infamous "dot plot...
New Zealand’s central bank has initiated a probe into an alleged leak of its surprise decision to cut the official cash rate earlier this month...
European stocks have moved back into positive territory on Monday, having spent the early part of the trading session in the red, driven lower in part by commodity stocks are likely to continue to weigh. U.S...
The US dollar is beginning the week mostly firmer against the major and emerging market currencies. The Japanese yen, where local markets were closed for the spring equinox is up slightly, and the Australian dollar turned higher in the European session...
Fed's Williams with some unscheduled comments: • Basic contour and path of rate hikes has not changed • US has proved remarkably resilient to global factors • If not for global risks, Fed would raise rates sooner and faster • Sees rate hikes soon given encouraging data Williams is Mr Data Dependa...
EURUSD continued its climb higher last week after finding support at the key 1.1060 handle. This came after further action from the ECB on March 10th fueled a 400-pip rally that put the pair well above the area. The coming week offers a fairly tight range between new support at 1...
As brazen heists go, it was a quiet one. Over a single weekend in February, hackers managed to extract tens of millions of dollars from Bangladesh's central bank before anyone noticed. Now the bank is in turmoil, its governor has resigned and much of the cash is missing...
Not since 1999 have China's companies had so much trouble getting customers to actually pay for what they've bought. It now takes about 83 days for the typical Chinese firm to collect cash for completed sales, almost twice as long as emerging-market peers...