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Monex
GBPUSD hits a three-year high By Monex - 10 hours ago

CAD After initially struggling to make headway following yesterday’s CPI release, the loonie has ground higher against the dollar overnight as the latter broadly traded under pressure, a move that...

Monex
Dollar weakness overdone to start the week By Monex - May 20, 2025

CAD Canadian inflation data for April, set to be published at 13:30 BST, is the one top-tier release due today. Expectations look for a drop in all-items price growth from 2.3% in March, to 1.6% in...

Matthew Weller
GBP/USD Forecast: Bullish Flag Breakout in Progress? By Matthew Weller - May 20, 2025

Britain and the European Union struck “Brexit Reset” pact in an attempt to remove trade bottlenecks and inject fresh momentum into both economies. Traders appear to approve the deal, with both the...

Monex
The dollar drops on a ratings downgrade By Monex - May 19, 2025

CAD USDCAD continues to struggle for direction to start the week, with the pair trading in the mid-1.39s. While a light calendar of events suggests this is unlikely to change today, tomorrow’s...

Monex
The dollar should see a quiet end to the week By Monex - May 16, 2025

CAD While USDCAD managed to threaten 1.40 yesterday afternoon, the pair slipped lower overnight, and has continued to slide this morning. That is despite the limited data and news flow available for...

Monex
The dollar softens ahead of April sales data By Monex - May 15, 2025

CAD Manufacturing and wholesale sales data could garner a little more attention than usual later today, with traders still scouring the data for any signs that Trump tariffs are having a meaningful...

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