In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Smartphones are helping filmmakers tell the stories the movie industry overlooks 
Buy the Dip: Gold Holds Strong at $3980, Targets $4150 
Trump has made more than $1 billion from crypto in a year. How? 
Elon Musk is remaking the world, like Henry Ford before him – but more dangerously 
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’ 
In Canada, official data showed that manufacturing sales increased by 1.0% in April, beating expectations for an uptick of 0.6%, after a 0.9% fall the previous month.
On an expected stabilization then rebound in crude oil prices and better performance in the non-resource sector.
The benefits of a weaker CAD are expected to present a boost to growth via exports and there are signs that the most exchange rate sensitive sectors are already performing well.
The loonie lower against the euro, with EURCAD pairing 0.25% to 1.4458.
The commodity-driven CAD was also under stress amid declining crude price due to mounting concerns over a Britain's potential exit from the European Union and a surprise rise in U.S. inventories.
We look for the BoC to begin tightening monetary policy in Q3 & Q4 of 2016.
1w ATM IVs of EURCAD is tad below 8%, and likely to spike above 12% in 1m tenor.
A 2:1 put ratio spread can be implemented by buying a number of puts at a higher strike and selling twice the number of puts at a lower strike.
The put ratio spread is a neutral strategy in options trading that involves buying a number of puts and selling more put options of the same expiration date at a different strike price.
It is a limited profit, an unlimited risk options trading strategy that is taken when the options trader thinks that the underlying spot FX would experience little volatility in the near term.
