CI First Asset Morningstar Cda Value ETF (TSX: FXM )
16.82 CAD UNCHANGED Streaming Delayed Price Updated: 3:36 PM EST, Jan 22, 2021 Add to My Watchlist
Stories about CI First Asset Morningstar Cda Value ETF
State Of Dollar's Upside Correction
January 24, 2021
The Dollar Index recovery from the January 6 low near 89.20 was stopped at the start of last week around 90.95, about 20 ticks shy of the (38.2%) retracement target of the decline since early...
US Is On Holiday, But The Dollar Has Legs
January 18, 2021
The new week has begun like last week ended. Equities are a bit heavy. The MSCI Asia Pacific Index fell for the second session, its first back-to-back loss since before Christmas.
Upside Dollar Correction Not Complete
January 17, 2021
After rallying Monday, the Dollar Index chopped around before moving higher ahead of the weekend. We are working off the assumption that the leg lower than began with the election is over and is being...
Mexican Peso Forecast: USD/MXN Balances On Support As Covid-19 Cases SurgeIin Mexico
January 10, 2021
The Mexican Peso has struggled to keep positive momentum in recent weeks causing USD/MXN to stagnate around the 19.87 mark despite the US Dollar hitting fresh lows.
Is The Dollar's Decline Set To Correct?
January 10, 2021
While our medium-term expectation for the dollar to resume its decline remains intact, we anticipate a near-term correction. We look at the charts and momentum indicators to help quantify some price...
January 2021 Monthly Outlook
January 03, 2021
Economic fallout will continue to depress activity in the first part of 2021. However, policymakers throughout the G7 provided more stimulus in late 2020 and extended many emergency facilities well...
MXN 1Q Forecast: Mexican Peso Outlook - USD/MXN Bearish In 2021 As Recovery Persists
December 27, 2020
The Mexican Peso looks positioned for a prolonged advance against the US Dollar in 2021. This could present bearish USD/MXN trading opportunities with the Mexican Peso possessing potential to extend...
Markets Week Ahead: S&P 500, US Dollar, Fed, Stimulus, British Pound, Brexit, Gold
December 13, 2020
The US Dollar continues to weaken, and that has been a boon to commodities such as copper and crude oil. Yet, anti-fiat gold prices are struggling to capitalize on greenback declines, signaling...
Consolidative Moment As Markets Wait For Fresh Developments
December 08, 2020
Three brinkmanship dramas continue to play out. The UK-EU trade talks have reportedly made little progress and may have even moved backward, according to some reports, over the past two days.
Sentiment/consumer confidence data will cross the wires from the Eurozone, Germany, Australia and the US in the week ahead. Rising Covid cases in the latter have been prompting local lockdowns. Might...
USD/MXN Forecast: Bearish Case Is Weakening As Peso Strength An Issue
December 06, 2020
Further US Dollar weakness – as is expected given the Dollar Basket (DXY) reached a two-year low this week – would mean that the Mexican Peso would have its longest uninterrupted run against the Dollar...
USD/MXN Eyeing Key Support For Further Downside Momentum
November 29, 2020
USD/MXN was able to break below 20.00 but buyers were introduced at around the 19.87 area, which had been a key resistance prior to the Covid-19 outbreak. Price action has been slightly subdued this...
Markets Week Ahead: Nasdaq 100, US Dollar, GBP, Brexit, Fed, Treasury, Thanksgiving
November 22, 2020
Expect lower-than-usual liquidity conditions with US markets offline on Thursday for the Thanksgiving holiday. What else is in store for markets ahead?
Beware Of The False Break
November 22, 2020
The US dollar had a tough week. It fell against all the major currencies and most of the emerging market currencies. The major currencies remained within well-worn ranges.
Global equity markets experienced rotation-trade dynamics. Investors piled capital into more traditional industries. In the US, the Dow Jones outperformed the S&P 500 as the tech-heavy Nasdaq Composite...
Brexit talks are continuing this week. The ECB is hosting a forum where Fed Chair Jerome Powell, BoE’s Andrew Bailey and President Christine Lagarde will speak. What else is in store for markets next?
All eyes turn to the November 3rd election as markets will try to digest what the outcome could mean for another fiscal package.
The culmination of the US presidential elections is most likely the main factor driving price action for USD/MXN at the moment, on the back of US Dollar demand given so much uncertainty.
Markets Continue To Struggle
October 29, 2020
The spreading virus that is shutting down large parts of Europe, while the US is reluctant to return to lockdowns and refuses to have a nationwide requirement for masks in public hit risk assets...
Markets Take Collective Breath And Beijing Tweaks Fixing Mechanism
October 27, 2020
The surging pandemic sapped the risk-taking appetites as some investors hunker down for what could be a volatile period ahead. The S&P 500 lost nearly 3% at its lows before rebounding 1% in late...
Troubling Start Of The Important Week
October 26, 2020
The surging virus ravaging large parts of Europe and the United States is fanning concerns over the economic implications as new social restrictions and curfews are announced in several countries.
Markets Week Ahead: Dow Jones, US Dollar, Stimulus, GBP, Brexit, EUR, ECB, JPY, BoJ
October 25, 2020
Next week is poised to be a busy one. US election polling and fiscal stimulus talks will remain in the spotlight. Meanwhile, major tech players will release their earnings. Further rosy surprises could...
It may be early to talk about a new divergence emerging, but that is clearly the risk and reflected in the preliminary PMI readings. The takeaway is although the ECB is unlikely to move next week, the...
US Dollar turbulence continued as it was whipsawed by fiscal stimulus talks and political uncertainty. This theme might linger in the days ahead with investor angst and speculation swirling around...
The S&P 500 gapped higher both Thursday and Friday. It finished near its highs before the weekend. A gap higher opening on Monday is possible but in gap theory such a sequence is seen as a bearish...
FX Talking: On A Glide Path To November?
October 10, 2020
Global asset markets look comfortable. Perhaps too comfortable. The widening of Joe Biden’s lead in the opinion polls is giving markets a sense of reassurance that the election will not be contested.
Sterling's Resilience Stands Out
October 04, 2020
Leaving aside the Brexit uncertainty and the likelihood that the Bank of England is the next major central bank to ease policy, from a technical perspective, sterling looks the most bullish.
Darkest Before Dawn
September 24, 2020
The two recent market developments, push lower in stocks, and higher in the dollar is continuing. Tuesday's gains in the S&P 500 and Nasdaq were unwound on Wednesday and this is helping drag global...
Trying To Find Solid Ground
September 23, 2020
A more stable tone is evident in the capital markets after the S&P 500, and Nasdaq rose more than one percent yesterday.
The Charts: Ugly Equities And A Range-Bound Dollar
September 20, 2020
The major central banks have met, and not one felt it incumbent upon them to take fresh policy action. The euro-dollar exchange rate continues to be mainly in a $1.17-$1.19 trading range that has...