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Aloris Mercantile Corporation is here to serve you. Our primary focus is to competitively and informatively facilitate the foreign exchange needs of our Canadian and International clients in the growing global marketplace......

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February 07, 2018
The U.S. Dollar has resumed its uptrend with the Dollar Spot Index trading 0.25% higher into the NorAm open, gaining against all of its G10 peers save for the Yen while 10-year Treasury yields are 4bps lower. European equities are looking slightly more optimistic today following slim gains earlier in Asia, while U.S. futures are all flashing red ahead of the NorAm open. The British Pound trades 0.30% lower amid ongoing Brexit talks while short term volatility has spiked ahead of the central bank’s meeting Thursday. With markets currently pricing 50% chance of a rate hike in May, markets will be looking for Carney to reiterate a more constructive tone on the economy that he gave to lawmakers at the end of January citing that the BOE was able to focus on meeting its inflation target...


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