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US sells 20-year bonds 4.213% vs 4.198% WI

US sells 20-year bonds 4.213% vs 4.198% WI

Prior was 4.780%Bid to cover 2.55 vs 2.36 prior, recent average 2.68The 20-year has the fattest yields on the curve but it wasn't enough as we get a 1.5 bps tail. I get the sense the market sniffed this out in the past few hours as yields moved up in a concession.US...

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USDCAD hits new lows; traders battle between key levels

USDCAD hits new lows; traders battle between key levels

USDCAD bounces in the swing area on the daily chartThe USDCAD fell to a new cycle low and moved into a swing area between 1.3298 to 1.3320. The low price has reached 1.33146. The price has bounced back as traders leaned in the swing area on the first test. The price...

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The latest Canadian population numbers are insane

The latest Canadian population numbers are insane

Justin Trudeau showing off his housing plan (AI image)Here are net migration numbers for the developed english-speaking countries from June 2022-June 2023:USA +1,138,989 (+3.4) Canada +1,131,181 (+28.6) UK +672,000 (+10.0) Australia +518,087 (+19.7) NZ +101,518...

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EIA weekly US oil inventories +2909K vs -2283K expected

EIA weekly US oil inventories +2909K vs -2283K expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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US existing home sales November 3.82M vs 3.77M estimate

US existing home sales November 3.82M vs 3.77M estimate

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Buyers are stuffing bitcoin in their stockings

Buyers are stuffing bitcoin in their stockings

The hype train around a bitcoin ETF continues to build and that's helped to to shrug off a recent pullback to rise back above $44,000. Until the ETF starts trading (or at least until it's announced) I can't see a reason to sell bitcoin. That pull is even stronger...

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US indices lower in early US trading

US indices lower in early US trading

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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