Month: May 2019

Pair has been whipped around on the headlines but making new lows (despite rising stocks again) The AUDUSD has been whipped around with the headlines from WH and China. With good news it went up 12 pips. Then came back down. The ranges are still modest (so don’t get too excited).  The price did just
Patterson has been at the BOC since May 2014 Lots of change is coming to the Bank of Canada in the year ahead. Patterson was responsible for the financial markets side and worked out of the BOC’s Toronto office. Governor Poloz’s term ends in just over a year with the search currently underway for a
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WI at auction time came in at 2.241% US sells $38B of 3-year notes at 2.248% vs WI at 2.241% Bid to cover 2.48x vs 2.53x 6-month average  Primary dealers take 42.03% vs 40.01% 6-month average Directs 20.0% vs 18.7% last month Indirects 37.9% vs 42.7% last month Not a great auction. The bid to cover