About: Irene Wilson

There is little on the domestic front (September Average Weekly Earnings) to drive the CAD so focus will remain on external issues and flows. USD/CAD traded heavily earlier in the week as the market backed off the upper 1.05 area but the lack of downside follow-through suggests the market is consolidating, rather than reversing the mid-November rally. Bullish outlook...

(Reuters) - Japan will spend around 1 trillion yen ($9.86 billion) on public works in a stimulus package to be finalized next month, sources said, to help offset the impact of an increase in the sales tax. Prime Minister Shinzo Abe's cabinet is expected to approve the stimulus package, which will total around...

(Reuters) - The euro hit its highest in four years against the yen and a near one-month peak versus the dollar on Wednesday after Germany's two major parties reached a deal on forming a grand coalition. German Chancellor Angela Merkel's conservatives clinched a deal with the Social Democrats in the early hours, triggering a relief rally...

(Reuters) - The euro rose to a four-year high against the yen and traded up against the dollar on Friday after much stronger-than-expected German business sentiment pointed to a continued rebound in Europe's largest economy. The euro was 0.3 percent up at 136.81 yen, having risen as high as 136.995 yen. Against the dollar it was...