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Market Updates

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

Jun

22

Canadian month-on-month inflation data missed expectations with a reading of 0.1 percent versus growth expectations of 0.3 percent; the annualized inflation…

Jun

21

Oil ministers from OPEC nations, Russia, and other oil exporting nations commenced their meeting to review their current production agreement in…

Jun

20

US stock indices are set to move higher today as a lull in the trade spat between the United States and…

Jun

19

The US dollar moved to an 11-month high this morning in reaction to further escalations in the US–China trade spat; the…

Jun

18

USDCAD remains in the high 1.3100’s this morning as global trade tensions continue to weigh heavily on the loonie. The Canadian…

Jun

15

President Donald Trump has approved tariffs on Chinese goods worth about $50 billion. The Trump Administration is preparing to release a…

Jun

14

The European Central Bank outlined plans to end its massive stimulus program by the end of this year. The bank stated…

Jun

13

US inflation accelerated in May to the fastest pace in more than six years, reinforcing the Federal Reserve’s outlook for gradual…

Jun

12

The US and North Korea agreed to seek complete denuclearization of the Korean peninsula following a historic summit between President Donald…

Jun

11

The Canadian dollar is starting the week on a low note as reactions and developments from this weekend’s G7 meeting continue…