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Market Updates

EncoreFX’s daily market updates are written by our experienced and professional currency market team.

Oct

22

The Bank of Canada is still expected to raise interest rates on Wednesday, despite inflation and retail sales data coming in weaker…

Oct

19

The Canadian dollar weakened to a five-week low against its US counterpart after data of a lackluster consumer price index was…

Oct

18

Federal Reserve officials remain convinced that continuing to gradually increase interest rates is the best formula to preserve a steady economy….

Oct

17

China’s holdings of US treasuries fell for a third consecutive month in August as the Asian nation struggles to prevent the…

Oct

16

Oil prices fell on evidence of higher US oil production and increasing US crude inventories but reports of a fall in…

Oct

15

Oil prices rose as tension over the disappearance of a prominent Saudi journalist stoked supply worries. Concerns over the long term…

Oct

12

Brent crude pared weekly losses as investors shift focus from broader market turmoil spurred by a plunge in US equities to…

Oct

11

Global stock markets have taken a dive, triggered by heavy losses on Wall Street and comments by Donald Trump describing US…

Oct

10

Oil prices held near $85 a barrel after the IMF lowered its global economic growth forecasts. Markets were supported, however, as…

Oct

09

The International Monetary Fund has cut its global growth forecasts as trade tensions between the US and trading partners have started…