Monex Canada

The ECB has cut rates again, matching market expectations. But in keeping with prior tendencies, there was little forward guidance from policymakers that accompanied this latest decision. https://loom.ly/I_2XQDU #ecb #centralbank #euro #eur #policymakers #fxmarkets #foreignexchange #financialservices #fxtraders

Mixed messaging from Powell keeps the dollar trading with limbo, but with tariffs threatened as soon as this weekend, we are still looking for a stronger greenback. https://loom.ly/RfAVwEU #fed #federalreserve #fomc #tariffs #dollar #usd #fxmarkets #foreignexchange #financialservices #fxtraders

“...that said, to fully offset the impact of a 25% tariff on Canadian exports, we think much more easing would be necessary than the Bank of Canada is willing to admit at present, at least based on today’s statements.” Nick Rees, Senior FX Market Analyst at Monex, weighs in on the Bank of Canada's response to #tariff threats in this latest article from Morningstar by Vikram Barhat. Most economists don’t expect a full trade war, but tariffs could significantly impact on the #CanadianEconomy, potentially leading to deeper #ratecuts. Canada is already dealing with economic challenges, including rising unemployment, weak business investment, and high interest rates. While the BoC’s recent 25-basis-point cut was anticipated, uncertainty remains about its next steps, especially as the U.S. considers imposing steep tariffs on Canadian exports. Read more on how Canada and the #BoC may adjust policy to keep the Canadian economy resilient: https://lnkd.in/gihKYEYS

Monex Canada is excited to welcome the Lunar New Year! As we welcome the Year of the Snake, we embrace opportunities for renewal, transformation, and prosperity. Just as the snake symbolizes adaptability and resilience, we remain committed to helping our clients navigate the fast-moving, ever-changing foreign exchange markets with confidence. Our team wishes you a year filled with growth, success, and prosperity! #LunarNewYear #YearOfTheSnake #ForeignExchange #GlobalBusiness 

Central bank announcements should take a more prominent role next week, but tariff risks loom in the background and remain key to greenback performance. https://loom.ly/wZbyJnU #centralbank #currency #dollar #tariffs #fxmarkets #foreignexchange #financialservices #fxtraders

Tariff risks should continue to play as a key theme for markets this week, and given events on Sunday, this warrants further risk premia being priced in across dollar pairs. https://loom.ly/t9YhhR0 #tariff #dollar #usd #currency #fxmarkets #foreignexchange #financialservices #fxtraders

The BoJ hikes and PMIs show a surprise bounce back in Europe, offering a welcome distraction from US events that have dominated recent market headlines, while also helping the dollar to soften at the margin. https://loom.ly/mURrT94 #boj #yen #euro #dollar #pmi #eurozone #fxmarkets #foreignexchange #financialservices #fxtraders

Despite further tariff threats from the White House, markets are increasingly taking this new style of rhetoric in stride. https://loom.ly/G_6Oxfs #tariff #dollar #usd #whitehouse #government #fxmarkets #foreignexchange #financialservices #fxtraders

Monex Canada’s Dev Dabas, MBA, B. Comm., SVP Sales & Dealing, Western Canada and Allison Gramlow, Director of Strategic Sales, will be at AgDays 2025 in Manitoba. From January 21 to 23, they will be attending AgDays 2025 at The Keystone Centre in Brandon, Manitoba. They're excited to connect with businesses involved in cross-border trade and offer their expertise in smart FX hedging strategies. Let them help you manage currency risks and enhance your financial outcomes in the global market. Book a meeting with Dev and Allison by connecting with him on LinkedIn. #Agriculture #FX #Monex #Canada #Manitoba #AgDays

Another round of US tariff threats has had a more muted impact on FX markets this morning, as markets await more concrete signals regarding import levies from the White House. https://loom.ly/KC_iQZo #dollar #usd #tariffs #whitehouse #government #fxmarkets #foreignexchange #financialservices #fxtraders