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At some point in our lives, we dream of making the sea-change. Moving from somewhere cold to somewhere warm, from the mountains to the ocean. And for many Canadians, that means making a simple hop across the border so we can live out our golden years or retire in the US. Still close enough to…

Bank of Canada decision at 10amET.  No press conference.  No change expected with balanced outlook. S&P futures -20.  US 10s down 4bp to 2.22%.  Global investors fleeing to bonds. USD seeing broad demand, but the move is fading into NY trade. German unemployment explodes higher the most since the financial crisis. Australia 10-yr bond yield…

USD Trading Update US traders returning from Memorial Day long weekend devoid of major US/China trade headlines. USDCAD bouncing but trend-line resistance in the 1.3470s capping. EURUSD holding support in the 1.1170s after Thursday’s gold-inspired bullish outside day pattern. GBPUSD traders deciding what to do next following Theresa May’s announced June 7 resignation date. AUDUSD…

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