Navigate Up
Sign In

A new era begins

Posted on: January 23, 2017

Friday was the big day, as Donald Trump was officially inaugurated as the 45 th President of the United States, in what at least one person considered the biggest most well attended inauguration of all time. Uncertainty feels rampant right now, with the market anxiously awaiting more concrete plans and policies from the Trump administration. Over the weekend he confirmed plans to renegotiate NAFTA and pull out of TPP, which were well telegraphed ahead of time. Overnight we saw USD selling against the G10 currencies although the move has reversed this morning.

No major data to report today. In fact, really no major Canadian data this week, while south of the border we have quite a few important releases capped off by Durable Goods and GDP on Friday. Today USDCAD feels well supported around 1.3270/1.3280, I like adding to longs down there while being mindful of headlines.

  • Friday’s NA Range 1.3306– 1.3388
  • Asia Overnight Range 1.3268– 1.3332
  • London Overnight Range 1.3269– 1.3333


Most Recent Market Updates

November 20, 2017

Natural gas gains 4.4 cents

NYMEX natural gas climbed 4.4 cents higher on Friday.

November 20, 2017

Crude gained $1.41

Crude prompt futures gained $1.41 on Friday to close the day at $56.55.

November 17, 2017

Natural gas falls 2.7 cents

NYMEX natural gas continued it’s decent on Thursday.

November 17, 2017

Crude prices slide $0.19

Crude prompt futures traded in a 69 cent range.

November 17, 2017

USDCAD range bound as Canadian CPI uneventful

Domestically we saw the biggest release of the week a few minutes ago.

November 14, 2017

Natural gas loses 5 cents

Cold weather emerged over the long weekend in the US Midwest to East as anticipated.


Talk to a specialist

GlassdooreSSENTIAL Accessibility™Diversity and Inclusion

About ATB | Contact Us | Find a Branch or ABM | Current Rates | Privacy and Security | Legal | Code of Conduct | Site Map | Supplier Resources

©ATB Financial 2019. All rights reserved. ATB Financial is a trade name/registered trademark.

ATB Financial