Currencies and Forex Analysis & Opinion

CAD The loonie continued to track lower against the dollar on Thursday, in line with our call for the pair. All told, we think current valuations better reflect Canadian fundamentals, having spent...

The Turkish Lira has shown resilience against the US Dollar, trading near the 33 level. Factors such as the Central Bank of Turkey's tightening policy and Moody's credit rating upgrade have...

CAD While the BoC cut rates, as was widely expected and in line with our pre-announcement call, yesterday’s meeting skewed dovish, with Governor Macklem appearing to leave the door open to cuts at...

The Japanese Yen currency has been in a strong selloff for the past 12+ years. Today, we ask: Could the Yen finally be bottoming? As you can see on the long-term monthly chart of the Japanese Yen...

CAD Even as traders elsewhere in the world have growth in focus today, loonie watchers will be monitoring the BoC like hawks, with a rate decision set to be unveiled at 14:45 BST. We expect the...

CAD Traders turned bearish on the loonie through Monday’s session, a move that saw USDCAD climb a quarter of a percent to start the week. Whilst the loonie’s slide arguably belied cross-asset...

How the weak Japanese Yen is changing how Japanese firms do business. Here are my on-the-ground reports from Japan

The US dollar dipped after Biden dropped out of the re-election race. This political shift has increased market uncertainty, affecting the US dollar and boosting safe-haven assets like gold. In this...

CAD This afternoon’s retail sales data marks the last major data release before the BoC announces its rate decision next week. That said, we doubt it can do anything to derail the prospect of a cut...

CAD The Canadian data calendar takes a breather following Tuesday’s inflation data, with retail sales on Friday the only other release of note for the week. This should keep the CAD trading at the...

The EUR/USD poked its head above the June high to approach 1.0950, reaching its best level since March. The US dollar has weakened further despite the release of mixed-bag US data this week, with...

CAD June CPI data was in focus for loonie traders yesterday, and based on those numbers, we think there is little reason for the BoC not to cut rates when they meet next week. The data confirms that...

CAD Yet more evidence of the Canadian economy’s ongoing struggles saw the loonie on the back foot to start the week, with USDCAD rising by 0.3pp on Monday as a result. Specifically, the Bank of...

EUR/USD's 1.09 breakout remains likely ahead of the Eurozone CPI and ECB decision. Right now, the pair is in an uptrend. Eventually, it will attempt to break out above 1.09 once again. Unlock...