Bay Street

Bay Street is a colloquial term that refers to Canada's financial district, located in Toronto, Ontario. The name is derived from Bay Street, which is the main thoroughfare in the area and home to many of Canada's major banks, insurance companies, and investment firms. The Toronto Stock Exchange (TSX), the country's primary stock exchange, is also located on Bay Street. The term "Bay Street" is often used to refer to the Canadian financial industry as a whole, and the people who work in it, including investment bankers, financial analysts, and traders. It is similar to the term Wall Street, which is used to refer to the financial district in New York City and the U.S. financial industry.
Bay Street is a colloquial term that refers to Canada's financial district, located in Toronto, Ontario. The name is derived from Bay Street, which is the main thoroughfare in the area and home to many of Canada's major banks, insurance companies, and investment firms. The Toronto Stock Exchange (TSX), the country's primary stock exchange, is also located on Bay Street. The term "Bay Street" is often used to refer to the Canadian financial industry as a whole, and the people who work in it, including investment bankers, financial analysts, and traders. It is similar to the term Wall Street, which is used to refer to the financial district in New York City and the U.S. financial industry.

Bay Street is a colloquial term that refers to Canada's financial district, located in Toronto, Ontario. The name is derived from Bay Street, which is the main thoroughfare in the area and home to many of Canada's major banks, insurance companies, and investment firms. The Toronto Stock Exchange (TSX), the country's primary stock exchange, is also located on Bay Street.

The term "Bay Street" is often used to refer to the Canadian financial industry as a whole, and the people who work in it, including investment bankers, financial analysts, and traders. It is similar to the term Wall Street, which is used to refer to the financial district in New York City and the U.S. financial industry.

Technical Analysis

USDCAD sellers push lower but fall stalls at earlier low and retracement target

USDCAD

USDCAD sellers push lower but fall stalls at earlier low and retracement target

  • The 38.2% of the last trend move higher is stalling the fall at 1.3333 level
Greg Michalowski
Greg Michalowski
Thursday, 03/08/2023 | 16:00 GMT-0
03/08/2023 | 16:00 GMT-0
Technical Analysis

USDCAD tumbles in trading today. Higher oil helps to support the CAD.

USDCAD

USDCAD tumbles in trading today. Higher oil helps to support the CAD.

  • The USDCAD falls below 100/200 hour MA again
Greg Michalowski
Greg Michalowski
Monday, 31/07/2023 | 15:16 GMT-0
31/07/2023 | 15:16 GMT-0
Technical Analysis

USDCAD falls back below the 100/200 hour MAs and that tilts the bias back down

USDCAD

USDCAD falls back below the 100/200 hour MAs and that tilts the bias back down

  • The ups and downs continue in the USDCAD to start the new trading week
Greg Michalowski
Greg Michalowski
Monday, 24/07/2023 | 16:28 GMT-0
24/07/2023 | 16:28 GMT-0
Technical Analysis

USDCAD tests 200 hour MA at 1.3270. Barometer for buyers and sellers.

USDCAD

USDCAD tests 200 hour MA at 1.3270. Barometer for buyers and sellers.

  • The MA is a key barometer for buyers and sellers
Greg Michalowski
Greg Michalowski
Monday, 10/07/2023 | 14:36 GMT-0
10/07/2023 | 14:36 GMT-0
Technical Analysis

USDCAD runs higher to test the 38.2%, but backs off. What next?

USDCAD

USDCAD runs higher to test the 38.2%, but backs off. What next?

  • The 38.2% of the move down from the May 25 high was broken at 1.33213, but the sellers came back in
Greg Michalowski
Greg Michalowski
Thursday, 06/07/2023 | 13:34 GMT-0
06/07/2023 | 13:34 GMT-0
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